Nvidia's outlook fails to impress growth-hungry investors, shares fall
Foxconn to use Nvidia chips to build self-driving platforms/ (Reuters) -Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of AI. Shares of the chipmaker fell 6% in after-hours trading./ Nvidia's soft revenue and gross margin forecast overshadowed a beat on second-quarter revenue and adjusted earnings as well as the unveiling of a $50 billion share buyback, a sign the market wants more from a company that has trounced even ...
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