![]() ![]() "Things are worse so they're pulling the full-year guide," Bernstein Research analyst Stacy Rasgon told Business Insider. "The data center spending pause will likely persist and visibility remains low." "We're still experiencing uncertainty as a result of the pause" in data centers," Kress told analysts. The stock was still up about 1% after-hours, after popping more than 5% in the immediate aftermath of the report. Nvidia's stock, which jumped after the report, slid as Huang and CFO Colette Kress offered more color on the quarter. The fuzziness apparently was so bad, the company opted not to offer a full-year guidance, even as CEO Jensen Huang declared that the spending "pause" that has hit other chip-makers "will pass." Visit Business Insider's homepage for more storiesĪfter Nvidia shares rallied Wednesday on the company's upbeat first-quarter results, the chip giant followed rival Intel's lead by painting a hazy picture of the data center market.CEO Jensen Huang highlighted the chip company's gains on other fronts, including gaming and AI.Nvidia also said it was not going to give a full-year outlook, which one analyst said underscored the uncertainty.Nvidia shares rallied Wednesday after it posted upbeat results, but the stock slid after the company said that, like Intel, it was still wrestling with uncertainty in the data center market.Account icon An icon in the shape of a person's head and shoulders.
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