Nvidia Says Growth Will Continue as A.I. Hits ‘Tipping Point’

Nvidia’s Q4 earnings report was eagerly anticipated by Wall Street. Shares of TSMC and ASML, two critical chip firms, fell ahead of the report. Nvidia’s shares also tumbled 4.35% on Tuesday. The report was expected to provide an indication of how long the company’s massive growth can last. Nvidia’s shares have more than tripled in the last year due to the AI boom. Morgan Stanley predicted a strong quarter for Nvidia in line with recent increases to expectations, and focus shifting to new products1.

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