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.
"Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added. He said that since his platform does not have the capacity to check all channels, it may restrict some in Russia and Ukraine "for the duration of the conflict," but then reversed course hours later after many users complained that Telegram was an important source of information. Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added. "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon."
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