How Nvidia stocks slumped even after a record quarter

Nvidia has beat expectations again, reporting massive revenue – so, why is its share price down? The chip giant – which is now worth more than $4 trillion – posted a massive $46.7bn revenue in the second quarter of this year. That’s up 56 per cent. Profits are up to, by 59 per cent, to $26.4bn. Cloud providers accounted for around half of this, while revenue from the gaming and robotics divisions surged. And yet, in after hours trading, Nvidia stocks took a noticeable three per cent slide. Read more about the story here 👇 https://bit.ly/41ql4W0 #usa #china #nvidia #donaldtrump #jensenhuang #trump #trumpnews #huang #usnews #chinanews #technology #tech #technews