Chipmaker posts $46.7B in quarterly revenue, but slowing growth and US-China trade policies weigh on investor sentiment After several quarters of delivering blockbuster results, Nvidia’s latest earnings report on Wednesday tempered Wall Street’s enthusiasm. The chipmaking giant reported revenue of $46.7 billion for the July quarter, up 56% year-over-year and slightly above analysts’ expectations of $46 billion. Net income climbed 59% to $26.4 billion, beating the forecast of $24.7 billion. While most companies would celebrate such growth, Nvidia’s results fell short of its usual sky-high beats, sparking a 3.5% dip in shares in after-hours trading. The company’s slowdown compared with … Continue reading Nvidia Shares Slip Despite Strong Earnings Amid China Trade Uncertainty