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Nvidia Reports Record Q3 Earnings but Stock Dips on Slowing Growth Expectations

  • Nvidia projected a revenue rise of 70 percent to $37.5 billion in the current quarter, driven by its new A.I. Chip called Blackwell.
  • Nvidia's shares fell 3 percent after the company reported its slowest revenue growth forecast in seven quarters due to supply constraints.
  • The company's data center sales increased by 112 percent to $30.8 billion, with major contributions from GPU sales.
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