Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia, the world’s most valuable firm, predicted its slowest revenue growth in seven quarters, falling short of investor expectations. Despite exceeding initial sales projections for its new AI chips, supply chain issues and high demand are impacting the company’s growth and margins. While Nvidia’s third-quarter earnings surpassed estimates, its data center segment experienced slower growth. Nvidia, the world’s most valuable firm, predicted its slowest revenue growth in seven quarters, falling short of investor expectations. Despite exceeding initial sales projections for its new AI chips, supply chain issues and high demand are impacting the company’s growth and margins. While Nvidia’s third-quarter earnings surpassed estimates, its data center segment experienced slower growth.  Economic Times