Nvidia Sees Volatile Trading As Investors Eye Challenges For The AI Chipmaker

Benzinga 2024-11-22

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Nvidia shares experienced volatility on Thursday as investors reacted to its third-quarter earnings. The stock fell in late-morning trading, reversing earlier gains after initially trading higher and dropping in premarket deals. The U.S. chipmaker surpassed revenue and earnings expectations, but its growth slowed compared to earlier quarters. Nvidia remains dominant in chips powering AI, with demand for its upcoming Blackwell chip exceeding supply, per CEO Jensen Huang.

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