Soaring AI demand sends Nvidia profits rocketing up by 109% making it the world's most valuable company

Daily Mail

Summary

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The market may have become skeptical regarding Nvidia following the results but sell-side analysts are unanimously positive about the near- and medium-term outlook.
Asianet Newsable
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Shares of the Santa Clara, California-based company fell roughly 2% in extended trading.
Newsmax
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Nvidia, the chipmaker driving the boom in artificial intelligence (AI), has seen fresh falls in its share price following an earnings report amid continued supply chain constraints.
Sky News
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The company forecast revenue of US$37.5 billion, plus or minus 2 per cent for the fourth quarter, compared with analysts' average estimate of US$37.09 billion according to data compiled by LSEG.
CNA

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The Information
Nvidia Customers Worry About Snag With New AI Chip Servers
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