Nvidia sales spike on AI demand

Nvidia sales spike on AI demand

Nvidia forecast first-quarter revenue above market estimates on Wednesday, expecting strong demand for its leading AI chips to persist as businesses spend heavily to expand generative artificial intelligence infrastructure.

Its shares sank roughly 1% in choppy extended trading, after closing up 3.7% in regular trading. Nvidia is the biggest beneficiary of a rally in…

Article Source
https://www.foxbusiness.com/markets/nvidia-sales-spike-ai-demand

More From Author

Amazon Web Services focuses on optimizing artificial intelligence for space applications – GeekWire

International Business Machines Corporation (IBM) Partners with Riyadh Air to Build World’s First AI-Powered Digital Airline

International Business Machines Corporation (IBM) Partners with Riyadh Air to Build World’s First AI-Powered Digital Airline

Listen to the Podcast Overview

Watch the Keynote