May. 28 at 6:15 PM
$NVTS just diluted shareholders with 3.28 million new shares and could issue up to 10 million more by October 2026 📉
Revenue also collapsed 38.7% YoY to just
$8.6M while losses widened to
$33.8M 🚨
Despite all the AI hype 🤖, management gave no improved guidance, and analysts are openly citing limited evidence of AI data-center revenue growth 🚩
Add in foundry transition risks plus Wall Street implying nearly 50% downside ⚠️
✌🏻✌🏻✌🏻