Nvidia’s shares come unstuck on the China question, even though revenues soar
Nvidia’s revenues soared by more than 50% last quarter. The company pledges a massive $60bn buyback. Nvidia’s stock price falls in post market trading. Market underwhelmed by China news, as company had no H20 sales to China last quarter, even though China export restrictions were eased. Forward guidance was underwhelming. Without positive news about China…