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Only in the world of AI darling Nvidia (NVDA) are hypersonic growth rates not seemingly enough for the beloved stock's bulls.
Shares of the $3.2 trillion market cap chipmaker fell nearly 1% in pre-market trading on Thursday as investors keyed in on its below-consensus outlook for profit margins.
In its earnings release on Wednesday evening, Nvidia said it expects gross profit margins of 70.6% to 71% in the first quarter as it contends with the production ramp-up of its new Blackwell chip.
