Nvidia Tops Wall Street Estimates, But China Tensions Cloud Its A.I. Chip Business
Nvidia's revenue rose 56% to $46.7 billion, but US export controls on AI chips to China create uncertainty, with potential $2-5 billion shipments at stake this quarter, CFO said.
5 Articles
5 Articles
Nvidia has record sales and net profit again, all its divisions are doing well. • The company is growing, even though it is not currently exporting AI accelerators to China. • The RTX 5060 gaming cards are said to be the fastest-selling 4G series in history.
Morning Business Report: Nvidia outlook rattles AI sector as Kohls jumps, Krispy Kreme faces pressure 41NBC News
(LILAMAX)- Nvidia’s latest earnings outlook has rattled Wall Street, raising concerns about a potential slowdown in the booming artificial intelligence sector. The company offered little clarity on its China business, a growing point of unease as U.S.-China trade tensions escalate. Roughly half of the world’s AI researchers are based in China, making the uncertainty more pronounced. Nvidia shares slipped following the report. Retailer Kohl’s, ho…
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