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Nvidia Shares Fell 6% in Morning Trading

Tiger Newspress2022-02-17

Nvidia shares fell 6% in morning trading.In the “weird world” of Nvidia, investors’ expectations are always different than the consensus estimate, Vital Knowledge analyst Adam Crisafulli said in a note. Investors may have been looking for more upside, but within the next day or so, they’ll probably come back to the realization that Nvidia has “some of the best fundamental prospects in tech,” he said.

There were some weak spots last quarter. Sales of Nvidia’s auto chips were lower than projected. And its adjusted gross margin came in at 67% -- shy of the 67.1% analysts estimated and below what some chipmakers have reported recently. Analog Devices Inc. had a margin of 72% when it delivered its quarterly results earlier Wednesday.

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Comment45

  • Jess261
    ·2022-02-19
    Okay
    Reply
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  • YueShan
    ·2022-02-18
    Ok
    Reply
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  • Steven Tay
    ·2022-02-18
    Ok
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  • Handoko
    ·2022-02-18
    👍🏻
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  • LimLS
    ·2022-02-18
    NVDA is definitely a strong company. But we must recognise the fact  it is also a company with very high valuation. They will do well in market when sentiment is good. When the general market situation is nervous, valuation of companies will come down and even the strong companies will be affected.
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  • ARIESan
    ·2022-02-18
    Ohhhh ohhh 
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  • Mr Mooney
    ·2022-02-18
    Many predicted *strong buy*.But at the end of day,price down.. ..what a joke? 😀
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  • Zoo Keeper
    ·2022-02-18
    That was no matter how market move, there  will be all kind of reason. So what is the reportcard is good, lol
    Reply
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  • Mindthink
    ·2022-02-18
    Ok
    Reply
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  • JaydenSee
    ·2022-02-18
    [Speechless] 
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  • valustaa
    ·2022-02-18
    oooo
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  • andrew123
    ·2022-02-18
    Like 
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  • Kaibin
    ·2022-02-18
    Yes
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  • Gladys8jk
    ·2022-02-18
    Ok
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  • PG123
    ·2022-02-18
    Like
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  • Keithkl
    ·2022-02-18
    Ok
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  • 陈河马
    ·2022-02-18
    Wow
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  • US_watchlist
    ·2022-02-18
    Please like and comment. Thanks
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  • time to eat
    ·2022-02-18
    Just buy
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  • eheheh
    ·2022-02-18
    Mice
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