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Nvidia Reports Record Q3 Earnings but Stock Dips on Slowing Growth Expectations

  • Nvidia reported third-quarter revenue of $35.08 billion, rising 94% from $18.12 billion a year ago.
  • Investors reacted to the report with a 1% decrease in after-hours trading of Nvidia's stock.
  • Dan Ives stated that "the AI Revolution is still in the early innings of playing out," suggesting ongoing demand for Nvidia's products.
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