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Nvidia Just Tripled Its Revenue, but the Stock Is Down. Time to Buy?

TheMotleyFool

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Nvidia Just Tripled Its Revenue, but the Stock Is Down. Time to Buy?: https://g.foolcdn.com/editorial/images/755947/nvidia-voyager-headquarters.jpg

Sometimes, perfection just isn't good enough. It's hard to find a flaw in Nvidia's (NASDAQ: NVDA) latest results, but the stock is down just over 3% the day after it reported earnings.

Could this be a buying opportunity for what many consider the best artificial intelligence (AI) stock in the market? Let's find out.

Nvidia's primary products are its graphics processing units (GPUs), initially developed to process the intense calculations required to produce high-end gaming graphics. However, these units were also found suitable for other arduous tasks like engineering simulations, mining cryptocurrency, and now processing data for AI models.

Source Fool.com

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