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NVIDIA Corporation (NASDAQ:NVDA) #shares are expected to open 0.2% lower when Nasdaq opens on Wednesday, extending a nearly 1% drop on Tuesday. This comes despite yet another significant revenue beat for the fabless #semiconductor giant in the third quarter with sales of $18.12 billion, more than triple what it reported in the year-ago quarter and well above #WallStreet expectations of $16.18 billion. Adjusted earnings were $4.02 per share, compared to expectations of $3.37.  Data center revenue was $14.51 billion, up 279% year-over-year and above the consensus of $12.97.  However, the company acknowledged that restrictions on sales of its GPUs in China and other countries will have an impact in the fourth quarter.  More at #Proactive #ProactiveInvestors #NASDAQ #NVDA #Nvidia http://ow.ly/K8fA10533s2

Nvidia shares to open lower despite nine-figure revenue beat

Nvidia shares to open lower despite nine-figure revenue beat

proactiveinvestors.co.uk

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