Nvidia’s earnings surge threefold as the AI chip industry experiences sustained growth.

Nvidia saw a 1% decline in its stock price during after-hours trading on Tuesday, despite reporting fiscal third-quarter results that exceeded Wall Street’s expectations. The company attributed the anticipated negative impact in the next quarter to export restrictions affecting sales to organizations in China and other countries. In a letter to shareholders, Nvidia’s finance chief, … Continue reading Nvidia’s earnings surge threefold as the AI chip industry experiences sustained growth.