NVIDIA shares fall 7% despite posting record results with 168% profit growth

NVIDIA has become one of the most important technology companies in the world. If it was already the main manufacturer of conventional graphics cards, the rise of AI and its proposals for this sector has made it reach its sweetest moment and the entire industry and stock markets look towards it with interest.

Last night presented financial results amid great expectations. However, in the stock markets not everything works with what we could consider a conventional logic, and although have presented record results, above the market’s own expectations for the company at the time and date of writing their actions have fallen by about 7% in the pre-opening period of the stock market.

NVIDIA has introduced some Record profits in the last quarter, with almost 17 billion dollars that remain behind ones revenues of more than 30 billion. This represents a growth of more than 120% in revenue and 167% in profits.

However, as we said, this has not been enough to satisfy the markets and the shares have fallen, dragging down with them other companies with a presence in the Artificial Intelligence market such as AMD (another company that presented record results in its day and also fell).

While this is a curious fact, the truth is that the share price is often affected by more or less large fluctuations. If we look at the long term, NVIDIA has very successfully surfed the wave of AI and its value. has grown a whopping 156.50% in the last year. The figure is more impressive if we look at the last 5 years and its growth of almost 2,900%.

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