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Nvidia Slips on Concern About Growth of Data Center Business

  • CFO says rising demand limits availability of components
  • Shares of the graphics chipmaker fall 2.5% in extended trading
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Photographer: Andrew Harrer/Bloomberg

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Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business.

During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call.