The latest figures from semiconductor manufacturer Nvidia are at the upper end of expectations. But this time it did not exceed them. Some shareholders see this as a bad sign – but excessive skepticism is exaggerated.
Nvidia’s sales doubled in the second quarter of the financial year compared to the same quarter last year. Once again. The semiconductor company had already reported a doubling of sales after the first quarter. Unlike three months ago, however, the share price did not jump up as a result, but rather plummeted. In the meantime, it lost seven percent after the market closed, falling from 113 euros late on Wednesday evening to 107 euros. After the first stock exchanges opened on Thursday morning, the price recovered to around 110 euros.
Source: Stern
