AI chipmaker Nvidia handily topped Wall Street sales targets in its highly anticipated quarterly earnings report — but the combination of sky high expectations and revelations of a minor production snag involving the company’s next-generation Blackwell chips derailed investor enthusiasm and sent shares sliding.
Shares of Nvidia, the world's second most valuable public company with a market cap that has exceeded $3 trillion, were down nearly 7% at in after hours trading on Wednesday following the report.
