By Staff Reporters
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The good times keep rolling for the chip maker. Q3 revenue increased 206% year over year to $18.1 million, topping Wall Street’s estimates of about $16.2 billion. The company’s stock has more than tripled amid the AI boom this year, accounting for a big part of the S&P 500’s tech-fueled rise.
And yet, shares ticked down from record highs in after-hours trading on Tuesday after Nvidia tempered expectations for Q4 due to new restrictions on chip exports to China.
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Filed under: "Ask-an-Advisor", Information Technology, Investing | Tagged: AI, artificial intelligence, ChatGPT, chip maker, chipmakers, Jensen Huang, Nvidia | Leave a comment »