High demand: A file picture showing Huang at the Nvidia AI Summit in Washington last month. The outlook signals that demand remains strong for Nvidia’s AI accelerators, the pricey and powerful chips used to develop AI models. — Bloomberg
SAN FRANCISCO: Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in artificial intelligence (AI) spending is poised to fizzle.
Sales will be about US$65bil in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday.
