Instant Reaction: Nvidia Gives Lukewarm Forecast,...
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, fueling concerns that a massive run-up in artificial intelligence spending is slowing.Sales will be roughly $54 billion in the fiscal third quarter, which runs through October, the company said ina statementWednesday. Though that was in line with the average Wall Streetestimate, some analysts had projected more than $60 billion. The forecast excluded data center revenue from China,
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