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Nvidia earnings crush Wall Street estimates again, company tempers China outlook

November 22, 2023
Source: finance.yahoo.com finance.yahoo.com
News Snapshot:
Nvidia (NVDA) reported third quarter earnings after the bell on Tuesday that topped Wall Street's expectations as the artificial intelligence hype cycle remains front and center for investors. The chipmaker reported earnings per share of $4.02 on revenue of $18.12 billion, both of which topped analyst expectations. The company's revenue guidance for the current quarter came in at $20 billion, plus or minus 2%; analysts had been projecting fourth quarter guidance of $17.8 billion. New restrictions on chip exports to China had been a concern entering the report and NVDA CFO Colette Kress confirmed it will impact the company's sales...
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