Nvidia missed out as AI stocks hit fresh records. What’s next for traders
Nvidia shares fell 55 cents to $214.86 Tuesday, even as the S&P 500 and Nasdaq closed at record highs. First-quarter revenue jumped 85% to $81.6 billion, with data center sales up 92%. China revenue dropped to $4.55 billion from $9.66 billion a year ago amid export restrictions. The company forecast $91 billion in second-quarter revenue and announced an $80 billion buyback.