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NVDA

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Nvidia stock slipped on Thursday as investors digested the company's latest earnings report , which signaled robust AI demand but provided little clarity on China .

Sales surged 56% in the quarter to $46.74 billion, which was roughly in line Wall Street's projected $46.06 billion, according to LSEG. The company reported adjusted earnings per share of $1.05, just topping the $1.01 per share estimated by analysts.

The better-than-expected results were clouded by concerns over Nvidia's future in China.

"There was more noise around this quarter and the guidance and what's implied than I can remember ever on an Nvidia quarter, let alone on any other megacap tech company," said Deepwater Management's Gene Mu

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