Business

Nvidia’s quarter fails to excite but offers enough hope that October’s bottom can hold

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. 

Tyrone Siu | Reuters

Nvidia (NVDA) reported mixed fiscal third-quarter 2023 results after the closing bell Wednesday as the chip designer continued to flush out excess inventory with little visibility into when weak soft China demand may improve. Battered shares rose more than 2% in after hours trading, but only gained back some of the 4.5% decline in the regular session.

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