Nvidia's revenue from AI data centers more than doubled, surpassing Wall Street's expectations. However, high investor anticipation resulted in a nearly 8% drop in share price post-earnings, reflecting a cautious market response despite impressive financials.
Despite reporting earnings per share at 68 cents, surpassing forecasts by 3 cents, Nvidia's shares declined due to unmet high investor expectations and concerns over margin deterioration and chip deliveries.
Collection
[
|
...
]