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Nvidia’s Sales Forecast Fails to Meet Loftiest Estimates

Nvidia, the chipmaker at the heart of the artificial intelligence boom, delivered a sales forecast that fell short of the highest estimates, adding to investor concerns that AI spending is poised for a slowdown. Revenue in the current period will be $108 billion, plus or minus 2%, the company said in a statement Wednesday. Though analysts had estimated $105.2 billion on average, some projections exceeded $110 billion, according to data compiled by Bloomberg. Kunjan Sobjani, Bloomberg Intelligen…

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BloombergLean L·1h ago
Nvidia’s Sales Forecast Fails to Meet Loftiest Estimates
Nvidia, the chipmaker at the heart of the artificial intelligence boom, delivered a sales forecast that fell short of the highest estimates, adding to investor concerns that AI spending is poised for a slowdown. Revenue in the current period will be $108 billion, plus or minus 2%, the company said in a statement Wednesday. Though analysts had estimated $105.2 billion on average, some projections exceeded $110 billion, according to data compiled by Bloomberg. Kunjan Sobjani, Bloomberg Intelligen…
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Nvidia’s Sales Forecast Fails to Meet Loftiest Estimates

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Nvidia’s Sales Forecast Fails to Meet Loftiest Estimates

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