Nvidia misses analyst estimates by $4B on the back of AI momentum

10 points by dschol 3 years ago | 7 comments

qeternity 3 years ago |

@dang: This headline is just plain wrong. NVDA’s forecasts are $4b higher than analyst expectations. I have no clue what OP is reading.

kristianp 3 years ago | |

Actual headline (for me anyway): Nvidia shares surge 21% as sales forecast jumps and AI booms.

samspenc 3 years ago |

And ... stock is up +20% after earnings.

qeternity 3 years ago | |

That’s because this headline is wrong, and not what the article says at all if you bothered to read it.

NVDA forecasts beat by $4b, not missed.

bombcar 3 years ago | | |

They did miss, but they missed way over; not the normal way finance talks about it.