(Reuters) - Chip designer Nvidia forecast third-quarter revenue above Wall Street targets on Wednesday, boosted by soaring demand for its chips that ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Chip designer Nvidia forecast third-quarter revenue above Wall Street targets on Wednesday, boosted by soaring demand for its chips that power nearly all the world's major artificial intelligence apps.
The company forecast third-quarter revenue of about $16.00 billion, plus or minus 2%. Analysts polled by Refinitiv on average were expecting $12.61 billion.
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