Nvidia shares slide despite chip giant's bullish outlook: 'Age of AI is in full steam'
Briefly

"The age of AI is in full steam, propelling a global shift to NVIDIA computing," Nvidia CEO Jensen Huang said. "Demand for Hopper and anticipation for Blackwell - in full production - are incredible as foundation model makers scale pretraining, post-training and inference."
Expectations ran high ahead of the results, with Nvidia shares up more than 20% over the last two months. The stock has nearly quadrupled so far this year and is up more than nine-fold over the last two years.
While demand is soaring for the company's chips that make up the brains of complex generative AI systems, supply-chain snags have made it harder for Nvidia to report the big beats on revenue that have helped make it a Wall Street darling.
One of the bottlenecks for its chip supply has been the limited capacity for advanced manufacturing techniques at the company's manufacturing partner TSMC.
Read at New York Post
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