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Oops! Nvidia's Stock Is Falling Again After Its "Blowout" Earnings Report

February 6, 2018 | Futurism AI
Oops! Nvidia's Stock Is Falling Again After Its "Blowout" Earnings Report
Illustration by Tag Hartman-Simkins / Futurism. Source: Yui Mok / Pool / AFP via Getty Images On Wednesday night, Nvidia released its highly anticipated-slashed-dreaded quarterly earnings report — and Wall Street let out a sigh of relief, at least initially. The multitrillion dollar chipmaker at the center of the AI boom reported a ludicrous $57 billion in quarterly revenue, netting it nearly $32 billion in profit. Compared to the same quarter from the yea