Nvidia, the chip maker that stands out in the tech-industrial race for artificial intelligence (AI) computing, said Tuesday it had a strong revenue outlook for the quarter, fueled by soaring demand for AI processors in data centers. clarified.
According to the announcement materials, sales for the third quarter from August to October are expected to be about 16 billion dollars (2.32 trillion yen). The average analyst estimate compiled by Bloomberg was $12.5 billion.
Shares of the company jumped more than 6% in after-hours trading after the announcement.
Original title:Nvidia Gives Rosy Outlook in Sign AI Spending Remains Insatiable(excerpt)
2023-08-23 20:47:00
#Nvidias #revenue #forecast #beats #market #forecast #suggesting #robust #demand
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