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The Nvidia logo at the Gamescom computer gaming fair in Cologne, Germany, on Wednesday. Photo: Krisztian Bocsi/Bloomberg via Getty Images
Nvidia projected 70% revenue growth in its next fiscal year, sending its stock up in after-hours trading, while the company defended its decision to provide capital solutions to its customers.
Why it matters: The stock is widely considered a bellwether for the health of the broader AI economy, but lately it has been trailing the broader semiconductor sector in market gains.
