يحاول ذهب - حر
Nvidia's Q4 sales forecast falls short of highest estimates
November 22, 2024
|The Straits Times
Nvidia delivered a revenue forecast that failed to meet the highest expectations, showing that its dizzying artificial intelligencefuelled growth run has its limits.
-
Fiscal fourth-quarter sales will be about US$37.5 billion (S$50.33 billion), the company said in a statement on Nov 21. Though the average analyst estimate was US$37.1 billion, according to data compiled by Bloomberg, projections ranged as high as US$41 billion.
The outlook suggests that AI excitement may be getting ahead of reality.
Nvidia investors bid up the shares nearly 200 per cent in 2024, turning it into the world's most valuable company. But the chipmaker has had trouble keeping up with demand for its products and struggled with production snags in 2024.
Shares of Nvidia fell about 5 per cent in extended trading following the announcement. They previously closed at US$145.89 in New York.
هذه القصة من طبعة November 22, 2024 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
The Straits Times
INSOMNIA WOES
More people in Singapore are seeking help for insomnia, say medical experts
7 mins
March 11, 2026
The Straits Times
Taiwan premier scores home run for diplomacy with rare visit to Japan
Analysts see trip as Tokyo testing the boundaries of unofficial ties
3 mins
March 11, 2026
The Straits Times
Stranded family no excuse for Fleetwood
While Tommy Fleetwood is playing PGA Tour events in the US, his family is half a world away, unable to leave Dubai as conflicts in the Middle East continue.
2 mins
March 11, 2026
The Straits Times
Voronchikhina's gold flies Russian flag high
It's so special... because it's my first Paralympic Games and it's my dream since I was a child.
2 mins
March 11, 2026
The Straits Times
Aluminium's surge propels China tycoon to $6lb fortune
When Mr Zhang Bo took over his father's industrial empire in 2019, it was already one of the world's biggest producers of aluminium, the most widely used industrial metal.
2 mins
March 11, 2026
The Straits Times
KPop Demon Hunters stars excited about Oscar chances
Unforgettable Awards in Los Angeles
3 mins
March 11, 2026
The Straits Times
With Trump's mixed messaging on end to Iran war, calm in oil markets may be fleeting
Demand for Iran's 'unconditional surrender' suggests a longer war than he had alluded to
6 mins
March 11, 2026
The Straits Times
What alcohol does to the body
Dry January has come and gone, but Americans' relationship with drinking is undergoing a more lasting change.
3 mins
March 11, 2026
The Straits Times
Sight Lines' Lord Of The Flies turns cautionary tale into shouty theatrics
British writer William Golding's classic 1954 novel Lord Of The Flies is a bit of a crash course on 17th-century philosopher Thomas Hobbes for young adult readers.
3 mins
March 11, 2026
The Straits Times
Barrier blamed for Jeju Air crash was built to cut costs
A concrete barrier blamed for a deadly South Korean jet crash that killed 179 people in December 2024 had been built to cut costs, the state auditor said on March 10.
1 mins
March 11, 2026
Listen
Translate
Change font size