Nvidia shares tumble in Frankfurt following mixed earnings report
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Nvidia’s shares listed in Frankfurt dropped 2.9% on Thursday, following a quarterly report that fell short of analyst expectations in its critical data centre division.
The chipmaker also said it expects revenue of $54 billion, plus or minus 2%, in the third quarter, compared with analysts' average estimate of $53.14 billion, News.Az reports, citing Reuters.
The fall in Nvidia's Frankfurt shares followed a roughly similar drop in after hours U.S. trading on Wednesday.