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Tuesday, July 16, 2024

Nvidia delivers hard-truth to investors

Nvidia delivers hard-truth to investors

Management offered investors a stern warning about its business.

Nvidia’s stock has ridden a frenzy of interest in developing artificial intelligence applications to new highs. However, Nvidia’s management team, led by CEO Jensen Huang, delivered an important message to investors about its future on its quarterly conference call that could weigh down its share price.

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