Nvidia shares dip, earnings offer little cheer for tech shares : – Nvidia’s quarterly outlook on Wednesday suggested demand from Microsoft, Amazon and other heavyweight tech companies racing to build out AI infrastructure remains robust, though the outcome failed to significantly quell fears of overspending in the booming industry.
While Nvidia delivered a 78% surge in quarterly revenue, it said its first-quarter margin would tighten to about 71% from 73.5%, lower than the 72.2% estimated by analysts, as it ramps production of its new flagship Blackwell AI chips.
Shares of Taiwan Semiconductor Manufacturing Co (TSMC), Nvidia’s main supplier of chips, slipped 0.47%, while South Korean chipmakers Samsung Electronics and SK Hynix fell 0.18% and 1%, respectively. Nvidia shares
The launch of low-cost AI models from DeepSeek last month raised fears of a pullback in spending on Nvidia’s priciest AI chips and evaporated more than half a trillion dollars of its stock market value in a single day, a record on Wall Street.
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