Nvidia shares slide 5% as AI spending concerns overshadow earnings beat

Nvidia, the leading supplier of AI chips, experienced a 5% drop in its shares, closing at $184.8, even after reporting an earnings beat and providing revenue guidance that surpassed Wall Street expectations. Fourth-quarter fiscal 2026 revenue hit $68.1 billion, marking a 73% year-over-year increase, and full-year sales reached $215.9 billion. Management projected the next quarter's revenue at $78 billion, higher than the anticipated $72.3 billion. Initially, the stock rallied in post-market trading, but the rally faded as investor concerns shifted to the long-term durability of enterprise AI spending, questioning the pace and near-term return profile of infrastructure investment. This sentiment affected the broader semiconductor sector, with peers like Broadcom, Micron, and AMD also declining, and the Nasdaq Composite retreating 1.2%.

(Source：Crypto Briefing)