Chipmaker’s quarterly outlook suggests demand remains robust but fails to quell overspending fears
Nvidia’s quarterly outlook on Wednesday suggested demand from Microsoft, Amazon and other heavyweight tech companies racing to build out AI infrastructure remains robust, though the outcome failed to significantly quell fears of overspending in the booming industry.
More recently, most of those stocks have stumbled and investors have become more cautious, especially after China’s DeepSeek said it achieved significant AI performance at low cost.Automating workflow pays rich dividends for Ireland’s latest unicorn Still, the highly anticipated earnings report from Nvidia was met with lacklustre response from technology companies in Asia on Thursday.
Nvidia has routinely exceeded analyst estimates over the last two years, but the magnitude of its revenue beats has narrowed as it faces tough comparisons from strong growth a year ago.
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