Nvidia kills the buzz as profit merely awesome, not legendary

Tech stocks are pulling back after Nvidia released earnings that any other CEO would probably kill for. The chip designer and AI bellwether reported a beat to analysts’ estimates and forecast Q3 revenue that was higher than Wall Street estimates. “Nvidia’s results had to be blemish free and, despite being objectively good, they weren’t perfect,” said Kyle Rodda, senior market analyst at Capital.com.