Nvidia current-quarter revenue forecast beats expectations


(Reuters) – Nvidia Corp forecast second-quarter revenue above analysts’ estimates on Wednesday, betting on strong demand for its flagship gaming and artificial intelligence chips for data centers.

The company expects current-quarter revenue of $6.30 billion, plus or minus 2%, compared with analysts’ estimates of $5.5 billion, according to IBES data from Refinitiv.

(Reporting by Tiyashi Datta and Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta)

Source link