Nvidia shares fall despite earnings beating estimates - CNBC

Title: Nvidia Shares Fall Despite Earnings Beating Estimates

Nvidia's shares have experienced a decline despite reporting fiscal second-quarter results that beat estimates. The company reported revenue of more than $30 billion, up 122% year on year, marking the fourth straight quarter of triple-digit revenue growth. However, analysts argue that Nvidia would have had to exceed expectations by a significant margin for the stock to see an increase following the results. This comes after Nvidia's shares have risen more than 150% this year, and the company has been one of the major beneficiaries of the artificial intelligence boom.