Nvidia misses analyst estimates by $4B on the back of AI momentum (opens in new tab)

(reuters.com)

10 pointsdschol2y ago7 comments

7 comments

@dang: This headline is just plain wrong. NVDA’s forecasts are $4b higher than analyst expectations. I have no clue what OP is reading.

Actual headline (for me anyway): Nvidia shares surge 21% as sales forecast jumps and AI booms.

And ... stock is up +20% after earnings.

That’s because this headline is wrong, and not what the article says at all if you bothered to read it.

NVDA forecasts beat by $4b, not missed.

They did miss, but they missed way over; not the normal way finance talks about it.

dscholOP2y ago

That’s right. I was being cheeky. Bad idea. Sorry.

Ok, well we’re talking finance.

They beat earnings. By a mile.

j / k navigate · click thread line to collapse