Jamie McKane
MyBroadband Journalist
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- Mar 2, 2016
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What analysts expect from Nvidia
Nvidia Corp. shares sink 3.1 percent in New York, cutting into its rally over the past week, after the company fell victim to high expectations for its first-quarter earnings report.
Analysts covering the chipmaker universally applauded the results, which beat the highest estimates from the Street, but said investors had elevated expectations for its datacenter growth heading into the report.
[Bloomberg]
Nvidia Corp. shares sink 3.1 percent in New York, cutting into its rally over the past week, after the company fell victim to high expectations for its first-quarter earnings report.
Analysts covering the chipmaker universally applauded the results, which beat the highest estimates from the Street, but said investors had elevated expectations for its datacenter growth heading into the report.
[Bloomberg]