STORY: Shares of Nvidia seesawed Thursday, after the AI chip powerhouse reported another strong quarter, but failed to meet some investors' sky-high expectations.Nvidia's revenue outlook is what put some investors off, as it forecast the slowest growth in seven quarters.It also said supply chain constraints would lead demand for its chips to exceed supply for several quarters in fiscal 2026.Analysts have largely attributed the expected slowdown to the (quote) "law of large numbers"...meaning that Nvidia's towering growth creates tough year-over-year comparisons following an initial AI boom after the launch of ChatGPT in 2022.While there are still plenty of companies eager to snap up Nvidia's next-generation AI chip, known as Blackwell, the complex chips can take months to produce. And a design flaw found over the summer hasn't helped matters. CEO Jensen Huang told Reuters that there's a "limit" to how fast Nvidia can ramp up production - which is expected to pressure the company's gross margins.Still, one portfolio manager that holds Nvidia shares said there was no doubt that demand for its chips remained "absolutely and exceptionally strong" and that it appears it'll stay that way for the foreseeable future.
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