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Nvidia shares experienced volatility on Thursday as investors reacted to its third-quarter earnings. The stock fell in late-morning trading, reversing earlier gains after initially trading higher and dropping in premarket deals. The U.S. chipmaker surpassed revenue and earnings expectations, but its growth slowed compared to earlier quarters. Nvidia remains dominant in chips powering AI, with demand for its upcoming Blackwell chip exceeding supply, per CEO Jensen Huang.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA shares experienced volatility on Thursday as investors reacted
00:06to its third quarter earnings. The stock fell in late morning trading,
00:09reversing earlier gains after initially trading higher and dropping in pre-market deals.
00:14The U.S. chipmaker surpassed revenue and earnings expectations,
00:17but its growth slowed compared to earlier quarters.
00:19NVIDIA remains dominant in chips powering AI,
00:22with demand for its upcoming Blackwell chip exceeding supply, per CEO Jensen Huang.
00:27For all things money, visit Benzinga.com slash GSTV.

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