Nvidia Slumps Nearly 5% In Premarket, Dragging Down Super Micro, Micron And Other Peers: What's Going On?

Artificial intelligence stalwart Nvidia Corp. NVDA reported Wednesday after the market close forecast-bearing results and also issued above-consensus guidance. A slight sequential decline in margin was the only sore spot. Notwithstanding the outperformance, the chipmaker could not satiate the Street.What Happened: Nvidia reported fiscal year 2025 second-quarter non-GAAP earnings of 68 cents per share and revenue of $30.04 billion, outperforming the Street estimate of 64 cents and $28.68 billion. Non-GAAP gr ...