
Nvidia's earnings report has revealed significant volatility in its stock performance and outlined their ongoing AI Data Center Strategy. Despite hitting an all-time high above $150 earlier in the day, Nvidia's stock saw an 8% intraday drop from its high to low, ending down 1.1% on the day. The company's inventory has ballooned by 46% over the past 10 months, from $5.2 billion to $7.6 billion, raising concerns among investors. Nvidia's stock fell nearly 3% amid broader market volatility, with the Nasdaq down more than 1%. The stock is down 7% since the release of the accounting analysis. Meanwhile, Alphabet (GOOGL) experienced its second-worst day in the last year, dropping 6% and being the worst performer in the S&P 500, down 5%.
Nvidia volatility notwithstanding: https://t.co/gupaVYGXMd #Tech #AI $NVDA AI Computing still Accelerating, led by Jensen & Team. H/t @ramahluwalia @LumidaWealth @Stocktwits https://t.co/YgnebuOcYN https://t.co/rWEWQvSiJb
NVIDIA $NVDA opened higher but saw an 8% intraday drop from its high to low so far. Currently up about 2.2% off its lows and down 1.1% on the day.
Did you know: Despite $NVDA claims of overwhelming demand, NVIDIA’s inventory ballooned by 46% over the past 10 months, climbing from $5.2 billion to $7.6 billion. This inventory increase raises 🚩 More details below⬇️ https://t.co/4wzYhXLgDz



