NVIDIA's Earnings Fail to Impress
Chipmaker's Earnings Fall Short of Expectations
Industry Experts Express Disappointment
NVIDIA Corp.'s (NVDA) latest earnings report has fallen short of expectations, sending shockwaves through the tech industry. The company's earnings per share (EPS) came in below analysts' estimates, and its revenue growth was slower than anticipated.
Analysts had been expecting strong results from NVIDIA due to the growing demand for its graphics processing units (GPUs) in gaming, data centers, and other applications. However, the company's revenue growth in the past quarter slowed to 24% year-over-year, down from 53% in the previous quarter.
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