The Clap Nvidia (NASDAQ: NVDA) recorded revenues of $5.93 billion for Q3 2022, beating expectations but missing on earnings after recording an EPS of $0.58.
What In addition, Nvidia also produced a lower-than-expected forecast of $6 billion for revenues, less than the expected $6.09 billion.
So What Demand for electronics has cooled significantly after booming during the COVID-19 pandemic. The pandemic had driven consumers to stay home, but with precautionary measures being removed, people are going back to their pre-pandemic lifestyles.
Now What Nvidia announced a partnership with Microsoft that will see the duo build an AI supercomputer.