Nvidia (NVDA) dropped on Tuesday, extending losses after the release of the artificial intelligence chip behemoth's second-quarter report late Wednesday. Earnings and sales for the period topped Wall Street's expectations but Nvidia forecast just a slightly higher current-quarter revenue outlook. Is Nvidia stock a buy or sell now? Second-quarter earnings of $1.05 per share topped estimates of $1.01 per share.…
Nvidia Plummets Below Key Level After Alibaba's China AI Chip Surprise; Is Nvidia A Buy Or Sell Now?
作者：Investor's Business Daily
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摘要
Nvidia (NVDA) shares fell on Tuesday following the release of its second-quarter report, which showed earnings and sales exceeding expectations but with a cautiously optimistic revenue forecast for the current quarter. Earnings per share were $1.05 compared to estimates of $1.01.