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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 447.97-1.2%3:59 PM EDT

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To: John Pitera who wrote (1614)8/27/2018 2:21:54 PM
From: zzpat  Read Replies (1) of 1656
 
Okay, so they have some new chips that are kick ass. Why did NVDA guide lower? The market is always looking to the future and the future is less pristine that it was previously. While I understand why it went from $20 to $200 I don't see any reason for these insane numbers when guidance is falling. It's up another 5 today.

Graphic Chips maker NVidia beat earnings expectations in second quarter earnings as the Datacenter and gaming center revenues hit records. $NVDA lowered FQ3 revenue guidance to $3.25B, plus/minus 2% below a $3.34B consensus.


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