From Google: 2024-08-05 08:55:16

1. Nvidia stock drops over 20% due to lower-than-expected revenue forecast of $6.80 billion for the fourth quarter.
2. Lowered revenue guidance attributed to lower demand in data center and gaming sectors.
3. Despite drop, Nvidia’s revenue still expected to increase by 30% year over year.
4. Investors consider if drop in stock price presents a buying opportunity.



Read more at Google: Why Is Nvidia Stock Down Over 20%, and Is It a Buying Opportunity? – The Motley Fool