Nvidia's 122% revenue growth in the most recent quarter was its slowest pace in a year.
on Wednesday which showed the company's earnings and revenue grew more than 100% from the prior year. But it also marked the company's slowest year-over-year revenue growth , 122%, in a year, and the rate of growth compared to the prior year was less than half what Nvidia reported in the first two calendar quarters of 2024.And this growth slowdown, D.A.
Nvidia's earnings call was still rather upbeat. CEO Jensen Huang described the demand for the AI leader's new Blackwell chip as "incredible." And plenty of Wall Street analysts remained bullish on the stock as fears about delays on the Blackwell chip were somewhat eased during the earnings call. "The size of the beat this time was much smaller than we've been seeing," Carson Group chief markets strategist, Ryan Detrick wrote in reaction to the earnings release.
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Revenue Growth Gil Luria Wall Street
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