Nvidia Earnings Indicate Worrying Trend for Company

Alexangel Ventura
Nov 21, 2024
1 min read

Nvidia released its latest earnings report, indicating a worrying trend for the company.

The earnings report once again beat expectations in terms of revenue and profit, showing the company's continued strength in the technology industry. However, it beat expectations very narrowly, breaking its streak of breaking expectations by significant margins.

The stock plummeted nearly 1% yesterday. This may indicate slowing momentum for semiconductor companies which they desperately need to advance their AI agenda.

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Nvidia Earnings Indicate Worrying Trend for Company

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