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.
The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. As a result, the pandemic saw many newcomers to Telegram, including prominent anti-vaccine activists who used the app's hands-off approach to share false information on shots, a study from the Institute for Strategic Dialogue shows. In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. A Russian Telegram channel with over 700,000 followers is spreading disinformation about Russia's invasion of Ukraine under the guise of providing "objective information" and fact-checking fake news. Its influence extends beyond the platform, with major Russian publications, government officials, and journalists citing the page's posts. Given the pro-privacy stance of the platform, it’s taken as a given that it’ll be used for a number of reasons, not all of them good. And Telegram has been attached to a fair few scandals related to terrorism, sexual exploitation and crime. Back in 2015, Vox described Telegram as “ISIS’ app of choice,” saying that the platform’s real use is the ability to use channels to distribute material to large groups at once. Telegram has acted to remove public channels affiliated with terrorism, but Pavel Durov reiterated that he had no business snooping on private conversations.
from cn
