AI chip giant Nvidia shares fall despite record sales

Quick Summary:

The California-based technology giant has been one of the biggest beneficiaries of the AI boom.

But Mr French told the BBC: "If you’re going to raise expectations that high then you’ve got to keep growing at spectacular rates.

Shares in Nvidia have fallen despite the artificial intelligence (AI) chip giant comfortably beating expectations after more than doubling its sales.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Artificial Chip Market Sales Nvidia Intelligence Results Been Shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 14:06:46 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22314486

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

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Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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