Nvidia AI chips sales rise but so do fears of an AI bubble bursting
Nvidia’s shares fell after AI Semiconductor Giant reported his last three -month profit and an estimation of income under expectations in the last earning report.
The demand for the company’s chips, which is an important part of AI data centers, was not fiery to alleviate the last concerns that the AI frenzy may be breathing.
The results described on Wednesday were warmly estimated because Nvidia emerged as a key barometer of a two -year -old AI explosion that pushed the stock market to new peaks.
The Silicon Valley chipset was the first public company to achieve market value exceeding the value of the German stock market.
However, in recent weeks, research reports and comments made by leading technology managers were afraid that the investor was exaggerated.
In May-July, NVIDIA’s data center section generated $ 41.1 billion (€ 35.3 billion) revenue last year, which was also an increase of 56%, but according to the Factset study, the analysts’ estimates $ 41.3 billion (€ 35.48 billion).
However, NVIDIA’s $ 26.4 billion (€ 22.68 billion) or $ 1.08 per share was higher than 46.7 billion dollars (€ 40.1 billion) – a 56% increase of the previous year.
During the August-October period, Nvidia pointed out that he believed that analysts would be better than 54 billion dollars (€ 46.4 billion) revenue.
NVIDIA CEO Jensen Huang, by the end of the decade, the AI initiatives in a Wednesday conference meeting, in which he estimated that the AI initiatives would spend another to $ 4TR $ 4TR.
However, Nvidia’s shares still dropped 3% in expanded transactions after the second financial report has emerged, and performance shows that performance is not enough to relieve investors’ fears. Considering that the stock price increased more than ten times in the last two and a half years, a disappointment was almost inevitable.
Investing.com Analyst Thomas Monteiro said, “It would be a tremendous deficiency to say that the stock was priced for perfection.” He said.
NVIDIA’s $ 5TR (€ 4.3tr) to push some kind of growth to push, NVIDIA’s annual sales, $ 44 billion (€ 37.8 billion) in the current financial year of the company’s current financial year -in -$ 204 billion in January and ended in a balloon of $ 204 billion.
This has become increasingly slower than the annual income increase. Nvidia’s income increases in the last four quarters of growth in the last four quarters, after the income of Nvidia increased to at least double the previous year in a consecutive five quarters of sequential quarter or doubled.
