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Nvidia fails to impress growth-hungry investors as shares fall
Nvidia's quarterly forecast on Wednesday failed to meet the lofty expectations of investors, who have driven a dizzying rally in its stock as they bet billions on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours trading, weighing on shares of other chipmakers. The report has been seen as a day of reckoning for the tech sector, and the results were treated as mixed, despite heady growth and profit.