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Nvidia shares fall 5% pre-market, after the company failed to top the highest analyst expectations and reported a gross margin of 75.1%, below 75.5%


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2024-08-29 08:28:37
milo
Developers , Cybersecurity Business

Financial Times:

Nvidia shares fall ~5% pre-market, after the company failed to top the highest analyst expectations and reported a gross margin of 75.1%, below 75.5% est.  —  Solid growth due to AI chip demand fails to meet Wall Street's highest hopes  —  Nvidia's revenue more than doubled in the past quarter …




Financial Times:

Nvidia shares fall ~5% pre-market, after the company failed to top the highest analyst expectations and reported a gross margin of 75.1%, below 75.5% est.  —  Solid growth due to AI chip demand fails to meet Wall Street's highest hopes  —  Nvidia's revenue more than doubled in the past quarter …



Source: TechMeme
Source Link: http://www.techmeme.com/240828/p34#a240828p34


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