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Should You Buy the Dip in NVIDIA ETFs on Q3 Earnings Beat?
NVDANvidia(NVDA) ZACKS·2024-11-21 16:01

NVIDIA (NVDA) reported robust third-quarter fiscal 2025 results, topping earnings and revenue estimates. Revenues doubled year over year amid relentless demand for its artificial intelligence chips. The AI darling offered a bullish revenue outlook for the current quarter but failed to live up to investors’ lofty expectations. As such, NVIDIA shares tumbled as much as 3% in the after-market hours. Investors could tap the dip in the stock, with ETFs having the largest allocation to the AI chipmaker, given its ...