Yes, the Crypto Crash Is Hurting Nvidia
So as it turns out, the analysts were right -- on all counts.
Nvidia (NASDAQ: NVDA) reported its fiscal first-quarter 2023 earnings Wednesday evening, and yes, they beat estimates with a stick -- but also, yes, the guidance disappointed. Nvidia stock at first turned south (after-hours) on the guidance miss but eventually reversed course and traded higher on Thursday.
The Q1 numbers were just that good.
Source Fool.com