Nvidia forecast shatters estimates as AI boom stays strong
San Francisco | Nvidia, the chipmaker at the centre of an artificial intelligence boom, gave another bullish sales forecast, showing that spending on AI computing remains strong.
Second-quarter revenue will be about $US28 billion ($42.3 billion), the company said. Analysts on average had predicted $US26.8 billion, according to data compiled by Bloomberg. Results in the fiscal first quarter, which ran through April, also beat projections.
Bloomberg
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