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Nvidia’s fall shows ‘just great’ isn’t good enough any more

On the surface everything was rosy in Nvidia’s market-shifting earnings call, so why have investors headed for the door?

Paul Smith
Paul SmithTechnology editor
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The value of the world’s most watched company Nvidia fell by almost 7 per cent after an earnings report that exceeded its guidance on all the usual metrics.

After investors paused for breath ahead of Thursday morning’s bellwether quarterly earnings call for the company that has epitomised the AI boom, they started selling.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
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    Original URL: https://www.afr.com/technology/nvidia-s-sales-forecast-fails-to-meet-lofty-expectations-20240829-p5k684