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30.04.2025 19:23:53
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Nvidia Stock Is Pulling Back Today. Here's Why Investors Are Nervous.
Something is spooking Nvidia (NASDAQ: NVDA) investors today. Shares dropped almost 5% in early trading and were still lower by 2.7% as of 1:10 p.m. ET.It's actually more than one thing putting pressure on Nvidia shares. First, investors got a business update from server manufacturer Super Micro Computer last night, where the artificial intelligence (AI) player slashed its guidance. Then one Wall Street analyst piled on the fear with a "sell" recommendation on Nvidia. That was based on some of the same concerns impacting Super Micro's business.Super Micro preannounced its fiscal 2025 third-quarter results for the period ended March 31. It cut its quarterly revenue estimate by nearly $1 billion to about $4.55 billion. The maker of AI servers and cooling systems said some customers delayed investment decisions and expects those sales to move to the current quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Nachrichten zu NVIDIA Corp.
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