Nvidia Projects Sales of $65 Billion, AI Demand Strong

Nvidia Corp. gave a strong revenue forecast for the current period, with sales expected to be about $65 billion in the fiscal fourth quarter. Analysts estimated $62 billion on average....

By Bloomberg Markets · Bloomberg Markets

Nvidia Corp. gave a strong revenue forecast for the current period, with sales expected to be about $65 billion in the fiscal fourth quarter. Analysts estimated $62 billion on average. The outlook signals strong demand for Nvidia's artificial intelligence accelerators. Matt Bryson of Wedbush Securities joins "Bloomberg The Close" with an initial reaction to the earnings. (Source: Bloomberg)