Nvidia shares dip in premarket trade despite earnings beating estimates
Three highlights from the article are: 1. Nvidia’s shares dipped in U.S. premarket trade as the company’s fiscal second-quarter gross margin slightly decreased, despite revenue beating expectations. 2. Nvidia reported over $30 billion in revenue for the July quarter, marking the fourth consecutive quarter of triple-digit revenue growth. 3. The company announced an $50-billion stock […]
Tech stocks in Asia fall amid broad declines in the region after Nvidia results
The article discusses the impact of Nvidia’s second-quarter results on tech and chip-related stocks in Asia. Here are 3 highlights from the article: 1. Samsung Electronics’ fourth-generation high bandwidth memory (HBM3) chips have been authorized by Nvidia for use in its processors for the first time. 2. Tech and chip-related stocks in Asia declined following […]
