$50B Buyback Overshadowed by Growth Pressure: Nvidia's Revenue Miss
Thursday, 29 August 2024, 02:45
$50B Buyback Overshadowed by Growth Pressure
Nvidia's recent quarterly forecast missed expectations and triggered a significant selloff. With a 6% drop in after-hours trading, investors are left questioning the impact of AI investments being risky amidst ai market doubts.
AI Market Concerns Fuel Shareholder Anxiety
The semiconductor selloff is fueled by growth pressure on Nvidia, which has triggered a broader stall in the tech sector's stock rally. Investors are expressing jitters over chip stocks falling as new reports surface about Blackwell delays being downplayed.
- Nvidia's revenue miss raises eyebrows
- $50B buyback may not suffice for recovery
- Market shows significant growth pressure
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