NVIDIA announced in its earnings report released on the 20th that its third quarter sales this year were $35.082 billion (about 49.1218 trillion won). This is a performance that exceeds the market research firm LSEG’s estimate of $33.16 billion (about 46.4306 trillion won). However, concerns are being raised about a slowdown in growth as the quarterly sales growth rate continues to decrease. As if reflecting this, the stock price fell 2.5% in after-hours trading. NVIDIA is currently experiencing initial margin pressure with the recent launch of the Blackwell AI chip, but it is expected to gradually improve as production expands. Supply chain issues and production bottlenecks remain challenges, but the long-term growth potential is still evaluated positively through improved production efficiency and margin expansion.
Nvidia’s slowing sales growth worries investors
