Should Nvidia Investors Worry About Its Declining Gross Margin?
Shares of Nvidia (NASDAQ: NVDA) sold off after the company's recent earnings report and are now down about 11% from their all-time high.
Nvidia is still posting excellent growth, with revenue up 122% in the quarter, ahead of analyst expectations. But with the stock exceeding a $3 trillion market cap and expectations extremely high, Nvidia sold off anyway following the release.
One reasons could be concern over the company's gross margin. Here's what happened with this all-important metric last quarter, and whether investors should be concerned about it.
Source Fool.com