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Nvidia stock surges as revenue forecast tops estimates, AI demand continues

(Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours. The already-hefty demand for the company's data center chips and graphics processing units (GPUs) continues to grow as firms scramble to expand their AI offerings. Nvidia's silicon dominates the global market for AI chips, where it count...
United States United Kingdom San Francisco Noel Randewich Arsheeya Bajwa Santa Clara
Source: yahoo.com

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