Nvidia's revenue grew significantly in Q3, doubling compared to last year. However, its growth rate has slowed down, disappointing investors.
While the company experienced a 265% increase in revenue last year, this year’s expected growth is only 70%.
Despite the slowdown, Nvidia remains a key player in AI and gaming technologies, generating income through AI model training, graphics processing, and hardware sales.
Nvidia's revenue grew significantly in Q3, doubling compared to last year. However, its growth rate has slowed down, disappointing investors.
While the company experienced a 265% increase in revenue last year, this year’s expected growth is only 70%.
Despite the slowdown, Nvidia remains a key player in AI and gaming technologies, generating income through AI model training, graphics processing, and hardware sales.
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. For example, WhatsApp restricted the number of times a user could forward something, and developed automated systems that detect and flag objectionable content. "We as Ukrainians believe that the truth is on our side, whether it's truth that you're proclaiming about the war and everything else, why would you want to hide it?," he said. Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. WhatsApp, a rival messaging platform, introduced some measures to counter disinformation when Covid-19 was first sweeping the world.
from br
