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Nvidia's Upbeat Sales Outlook Eases Concerns About AI Economy

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Nvidia, the chipmaker at the heart of the artificial intelligence boom, said it forecasts revenue growth of about 70% in fiscal 2028. Analysts had predicted 45%. The upbeat outlook offered relief to investors concerned about a bubble in the AI economy.

Nvidia, the chipmaker at the heart of the artificial intelligence boom, said it forecasts revenue growth of about 70% in fiscal 2028. Analysts had predicted 45%. The upbeat outlook offered relief to investors concerned about a bubble in the AI economy. Bloomberg's Tom Mackenzie has more. (Source: Bloomberg)
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Originally published by Bloomberg Technology Read original →