Nvidia shares dropped by as much as 4 percent in after-hours trading even after the tech juggernaut again beat Wall Street estimates. The $3.5 trillion chipmaker enters its third year of being on top of the artificial intelligence wave.
Nvidia’s revenues came in at a record $35.08 billion in the third quarter, higher than the market forecast of $33.16 billion. Nvidia has beaten Wall Street’s revenue and guidance forecasts in 25 of the past 26 quarters.
