Nvidia shares slumped in U.S. premarket trading Wednesday after the chipmaking giant reported results that beat on both the top and bottom lines.
Shares of the chipmaker added 1.12% at around 8:27 a.m. ET, paring losses from earlier in the day following the Wednesday release of Nvidia's quarterly results, which Nvidia has largely cornered the market for the high-powered chips powering the world's most advanced artificial intelligence models, such as OpenAI's ChatGPT.
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Stock market today: Asian shares mostly slip despite Nvidia's solid earnings reportAsian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed. Oil prices climbed and U.S. futures were lower. Technology shares in Tokyo declined as analysts reacted to Nvidia's lower-than-hoped for profit forecasts.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
Stock market today: Asian shares mostly slip despite Nvidia's solid earnings reportAsian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »
Stock market today: Asian shares mostly slip despite Nvidia's solid earnings reportAsian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industryNvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also replace chemical company Dow Inc.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »