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NVIDIA’s Record-Breaking Growth Has Peaked, As Per Some Critical Metrics

NewsTech

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NVIDIA

NVIDIA shares are down around 7 percent in the aftermath of its latest quarterly earnings report as investors digest an otherwise stellar financial scorecard, albeit marred by the specter of the peak growth phase that is now patently visible, leading to the requisite after-party hangover and a shaving of the stock's nosebleed premium at the margins. This is a key page for anyone interested in Nvidia! Highly recommended reading! Update for Nvidia's 3Q guidance: 1. Revenue over $32.5B2. Still very strong gross margin at 74.4%3. Operating profit just under $19.9B!!!!4. Operating margin very stron at 61.2%5. Opex $4.3B6.… pic.twitter.com/79sBLFMZEx — […]

Read full article at https://wccftech.com/nvidia-record-breaking-growth-has-peaked-as-per-some-critical-metrics/

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