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Nvidia Sees AI-Fueled Demand Boosting Sales 70% Next Year

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Nvidia said revenue will grow about 70% next fiscal year, easing concerns that AI spending is poised to lose momentum. Angelo Zino, SVP and Tech Lead at CFRA Research, breaks down Nvidia's earnings blowout and other tech headlines.

Nvidia said revenue will grow about 70% next fiscal year, easing concerns that AI spending is poised to lose momentum.  Angelo Zino, SVP and Tech Lead at CFRA Research, breaks down Nvidia's earnings blowout and other tech headlines. (Source: Bloomberg)
Nvidia Sees AI-Fueled Demand Boosting Sales (ORG) Nvidia (ORG) AI (ORG) Angelo Zino (PERSON) SVP (ORG) Tech (ORG) CFRA Research (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →