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NVIDIA stock down on a lower forecast for Q2

MongiIG

By MongiIG,
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With both earnings and revenues for the first quarter better than forecast at semi-conductor maker Nvidia (NVDA), traders sent the stock down on its outlook.

For only the second time in its history the company’s data centre business outshone the gaming chip manufacturing business, with headwinds coming from both China supply issues and the withdrawal from Russia.

 

 

 

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