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Even Nvidia has speed limits
Mint New Delhi
|August 29, 2025
Strong AI chip sales come up a bit short for market's only $4 trillion firm
Nvidia's "new normal" doesn't look that bad. But in a market awash in waves of AI hype, even the industry's biggest ship can be jostled.
The company's fiscal second-quarter report marked another period of record revenue and operating profit, with sales surging 56% from a year earlier in the period ended in July. That is actually the slowest growth rate that Nvidia has reported in more than two years, but it still vastly exceeds what other megacap tech companies are currently managing. And that is with sales of AI chips to China effectively shut off owing to national-security concerns.
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