Nvidia reports solid Q3, stock down as guidance underwhelms lofty expectations By Investing.com

Nvidia reports solid Q3, stock down as guidance underwhelms lofty expectations By Investing.com

Investing.com – Nvidia reported fiscal third-quarter results that topped Wall Street estimates, but its current-quarter guidance underwhelmed lofty investor expectations amid red-hot AI demand. NVIDIA Corporation (NASDAQ:) shares fell roughly 3%… Article Source https://www.investing.com/news/stock-market-news/nvidia-q3-results-beat-but-guidance-underwhelms-lofty-expectations-3733402

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. That’s not a concern to us, though, because Nvidia’s underlying… Article Source https://www.cnbc.com/2024/11/20/nvidias-earnings-cleared-our-lofty-bar-heres-our-new-price-target-on-the-ai-chip-king.html