Nvidia’s Earnings Roared Higher to Record Levels. So, Why Isn’t the Stock Soaring?

Nvidia’s Earnings Roared Higher to Record Levels. So, Why Isn’t the Stock Soaring?

Nvidia (NASDAQ: NVDA) investors have grown used to positive surprises. The top artificial intelligence (AI) chip designer has surpassed analysts’ earnings estimates and delivered double- or triple-digit growth quarter after quarter in recent times. This is thanks to Nvidia’s strength in this booming chip market and the company’s move to go all-in on AI, offering customers a full selection of related products and services.

And this tech powerhouse didn’t disappoint in its fourth-quarter…

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https://finance.yahoo.com/news/nvidias-earnings-roared-higher-record-233000884.html