It's one factor weighing down shares of the leading AI chipmaker Thursday.
There's a new metric in town that Nvidia investors are starting to fret about — and likely behind some of the chipmaker stock's decline Thursday. For going on two years, Nvidia's triple-digit sales expansion, fueled by the insatiable demand for its AI chips, was undoubtedly the most important financial metric for investors.
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference in San Jose, California, US, on Tuesday, March 19, 2024.
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