Nvidia shares fall after investors spooked by slowing growth

Doubling of quarterly revenues fails to allay concerns about production delays to its next-generation of AI chipsBusiness live – latest updatesShares in the chip designer Nvidia have fallen after investors were spooked by signs of slowing growth and production issues, despite the artificial intelligence company posting a 122% rise in second-quarter revenues.The Silicon Valley company’s revenues rose to $30bn (£23bn) compared with the second quarter last year. While that beat average analyst estimates of $28.7bn, investors were spooked by signs of a slowdown in growth, in particular around its next-generation AI chips, code-named Blackwell. Continue reading…Technology | The GuardianRead More