Nvidia's AI chip demand still strong, but slowing growth worries investors

U.S. chipmaker has faced capacity constraints with manufacturing partner TSMC

20241120 REU FILE NVIDIA.JPG

Nvidia's stock has nearly quadrupled so far this year and is up more than nine-fold over the last two years. © Reuters

(Reuters) -- Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world's most valuable firm.

Shares of the Santa Clara, California-based company fell roughly 1% in extended trading. They had closed down 0.8% during the regular trading session.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.