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Nvidia to see impressive growth over ‘next couple of years’: analyst

November 23, 2023
Source: finance.yahoo.com finance.yahoo.com
News Snapshot:
Nvidia (NVDA) posted a massive earnings beat on Tuesday, topping analysts’ estimates on the top and bottom line for the third quarter, as well as projections for the fourth quarter. But Wall Street was less than impressed with the report on China export fears, sending shares of the AI chip maker down more than 3% on Wednesday. But despite the chilly reception, analysts are sticking by Nivida as a major growth play for years to come, with the expectation that AI will continue to dominate as the technology everyone—from enterprises to governments and beyond—will turn to in the future. “Nvidia’s...
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