Bloomberg Intelligence

Special Edition: Nvidia Forecast Misses Loftiest AI Estimates

Nov 20, 2024
Redd Brown, a Bloomberg News earnings reporter, dives into Nvidia's latest forecast, revealing it fell short of even the highest market expectations. He discusses the immediate market reactions, including a dip in share prices, amidst ongoing strong demand for Nvidia products. The conversation also covers Nvidia's significant innovation strides and the associated challenges in the tech landscape. With a notable 48% increase in R&D spending, Redd emphasizes how Nvidia maneuvers through competitive pressures from rivals like Supermicro and Broadcom.
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