Nvidia forecasts upbeat revenue on data center chip demand

  • 11/18/2021
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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 $7.40 billion, plus or minus 2%, above analysts’ average estimate of $6.86 billion, according to IBES data from Refinitiv. (Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj Kalluvila)

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