Nvidia forecasts upbeat revenue on data center chip demand
FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith
Nvidia Corp on Wednesday forecast fourth-quarter revenue above Wall Street expectations, betting on growth of its data center business as more internet companies set out to invest in artificial intelligence and metaverse.
The world's biggest maker of graphics and AI chips expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.
(Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj Kalluvila)
Source: Reuters
