Shares, Stock of Nvidia (NVDA 5.08%) fell in after-hours trading on Thursday

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Because investors responded to the chipmaker's lower-than-expected guidance.

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As of 6:40 p.m. ET, Nvidia's share price was down more than 6% after rising 5% earlier in the day.

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Nvidia's revenue grew 46% year over year to $8.29 billion in the third quarter of fiscal 2023

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Which ended on 1 May. This impressive growth was fueled by an 83% increase in data center sales

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Boosted by $3.75 billion and 31% growth in gaming. Revenue, $3.62 billion.

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"We delivered record results in data center and gaming against the backdrop of a challenging macro environment"

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Founder and CEO Jensen Huang said in a press release.

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