Yes, the Crypto Crash Is Hurting Nvidia
Nvidia (NASDAQ: NVDA) reported its fiscal first-quarter 2023 earnings Wednesday evening, and yes, they beat estimates with a stick — but also, yes, the guidance disappointed. Nvidia stock at first turned south (after-hours) on the guidance miss but eventually reversed course and traded higher on Thursday. Sales grew 46% year over year in Nvidia’s fiscal Q1.
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