Nvidia exceeds expert expectations thanks to AI with forecast

Frankfurt Due to the boom in artificial intelligence (AI), Nvidia expects sales to exceed expert expectations. The US chip manufacturer announced a sales forecast for the current first quarter of 6.5 billion dollars with a range of two percent on Wednesday after the market closed. According to Refinitiv data, analysts are expecting $6.3 billion. In the fourth quarter just ended, the world’s largest manufacturer of graphics chips performed better than forecast with sales of 6.05 billion dollars. The Nvidia share initially gained seven percent in after-hours trading.

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