Nvidia’s stock price fell by more than four percent in morning trading on Thursday, despite the AI chip giant delivering financial results that exceeded Wall Street expectations. Some experts blame AI bubble fears and the massive spending AI companies engage in to stay in front of the curve.
CNBC reports that Nvidia reported fiscal fourth-quarter revenue of $68.13 billion, surpassing analyst predictions of $66.21 billion according to LSEG data. This figure represents a massive 73 percent increase compared to the company’s revenue from the same period one year earlier. The company also provided forward guidance that exceeded market…
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