Nvidia’s AI chip demand still booming but slowing sales growth worries investors

22 November 2024, 12:00 am

1 min read

FILE PHOTO: Nvidia CEO Jensen Huang presents NVIDIA Blackwell platform at an event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024. REUTERS/Ann Wang/File Photo

Reuters was 10 seconds ahead of rivals on NVIDIA’s slowest revenue growth forecast in seven quarters. The artificial intelligence chipmaker’s shares dipped almost 3% in U.S. post-market trading on Wednesday as the forecast failed to meet investors’ expectations.