AI chip giant Nvidia's shares sink despite record sales of $30bn
Source: BBC
Shares in Nvidia fell on Wall Street despite the artificial intelligence (AI) chip giant comfortably beating expectations after more than doubling its sales.Nvidia announced record revenues of $30bn (£24.7bn) over a three-month period. The company has been one of the biggest beneficiaries of the AI boom, with its stock market value soaring to more than $3 trillion.But while analysts have grown used to Nvidia…
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