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What did Nvidia say in its earnings report? Tech giant reports beat, stock slips
Nvidia (NVDA) reported better than expected results in its second-quarter earnings report on Wednesday, Aug. 27, roughly two weeks after the company agreed to pay the U.S. government 15% of the sale of its H20 chips to China.
The enthusiasm around AI earnings prospects was the driving force behind Wall Street’s bull-market ... while Super Micro ...
High expectations shut Nvidia out of an AI and tech stock rally of its own making Thursday after the chip giant's earnings report pointed to strong and growing demand for AI.
Nvidia, Microsoft, and Apple trade at a similar valuation. The market is worried about several key factors for Apple, including its reliance on its iPhone business and falling behind in AI.
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