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Why Nvidia's stock price dipped despite beating earnings expectations
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NVIDIA shares climbed close to 5% at the open Thursday, turning higher after previously trading lower in premarket deals.
➡️ The U.S. chipmaker reported results that beat on both the top and bottom lines, with sales climbing 94% year-on-year to $35.08 billion.
➡️ Despite this, Nvidia’s third-quarter results showed a slowdown from previous quarters, which likely caused the initial 3% dip.
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➡️ The U.S. chipmaker reported results that beat on both the top and bottom lines, with sales climbing 94% year-on-year to $35.08 billion.
➡️ Despite this, Nvidia’s third-quarter results showed a slowdown from previous quarters, which likely caused the initial 3% dip.
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