Nvidia Proves It Is the Artificial Intelligence (AI) Leader, Period

Nvidia (NASDAQ: NVDA) released another blowout quarterly report last night, but the stock is dropping today. That's great news -- at least for those who want to get in on the massive, and ongoing, growth in sales of artificial intelligence (AI) memory chips.

After Nvidia announced its fiscal 2024 third-quarter report last night, investors knocked the stock down by as much as 4.5% on Wednesday. As of 3:15 p.m. ET, Nvidia shares were still trading lower by 2.2%.

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Source Fool.com