The company’s turnover grew to approximately 30 billion dollars.
The US technology company Nvidia’s revenue growth slowed in the most recent quarter, but the growth still exceeded investors’ expectations.
The company’s net sales grew to approximately 30 billion dollars (almost 27 billion euros), which was less than the growth rates of the previous quarters. Revenue increased by 122 percent compared to a year ago, Nvidia tells in the results bulletin.
According to the AFP news agency, investors expressed their doubts about the continuation of Nvidia’s strong growth. In after-market trading, the price of Nvidia, known as a pioneer in artificial intelligence technology, was down by three percent.
Source: AFP