Stock market reversal: Nvidia shares fall after post-earnings rally
The stock market gave up significant gains on Thursday as investors weighed the delayed September jobs report and an earnings report from Nvidia.LiveNOW's Mike Pache discussed Nvidia's quarter three earnings report and what CEO Jensen Huang expects for quarter four with Liz Claman, host of "The Claman Countdown" on FOX Business Network.
Nvidia CEO Jensen Huang said Wednesday the chipmaker is heading into a "crazy good" fourth quarter, underscoring its dominance at the heart of the global artificial intelligence boom.
In an interview on "The Claman Countdown" following stronger-than-expected third-quarter earnings, Huang said he expects the momentum to carry into the next quarter.
"We guided to a much larger quarter next quarter," Huang said. "And so the guidance that we provided is crazy good — I would agree with that. But we're in the beginning of a very long-term build-out of the fundamental infrastructure of humanity, which is computing."
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