Nvidia Slides After Unveiling Leaves Investors Wanting More (1)

Nvidia Corp. shares slid on Tuesday after a wide-ranging product presentation by Chief Executive Officer Jensen Huang failed to propel the artificial intelligence chipmaker to new heights.

The stock fell 6.2% to $140.14 in New York, marking the biggest single-day decline in four months. Though the Nvidia’s latest announcements gave an upbeat view of the company’s long-range prospects, there wasn’t as much near-term upside as some investors had sought. “Nvidia’s announcements today are significant, but long-tailed,” Stifel Financial Corp. said in a report.

Read More: Nvidia Retreats From Record After Unveiling Chips: Street Wrap

Huang took the stage at a ...