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New York CNN —
The world’s leading AI chip producer, Nvidia, just delivered a slam dunk earnings report that most businesses would be jealous of. Sales rose 122% in the second quarter. Profits doubled. The outlook for the current quarter? Strong.
In short: The numbers were fantastic.
Yet Nvidia’s shares (NVDA) slumped 7% after its earnings came out Wednesday night, and they stayed down Thursday.
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