Nvidia's Stock Dips Despite Record Revenue and Bold Future Projections

Nvidia stock dips despite record revenue and bold future projections nvidia's shares fell 4.6% in pre-market trading after reporting a slight dip in Gross margins the company achieved over $30 billion in revenue for the July quarter a staggering 122% increase for fiscal Q3 Nvidia projects $32.5 billion in Revenue showing an impressive 80% year-on-year growth enless expected a gross margin of 76.4% but nvidia's forecast is now in the mid 70% range the stock decline impacted other semiconductor companies yet Nvidia announced a 50 billion doll stock buyback stay updated on Tech news by subscribing to our Channel