Nvidia forecast a 70% jump in revenue for its next fiscal year on Wednesday, pointing to unabated demand for AI computing even as it warned that memory component shortages would continue to constrain ...

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Bank of Korea raises growth forecast to 3.3% on semiconductor boom

The Bank of Korea significantly raised its economic growth forecast for this year to 3.3%, reflecting strong semiconductor exports and expanded related investments. It maintained the consumer price ...

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Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run

By Anhata Rooprai, Max A. Cherney and Deborah Mary Sophia Aug 26 (Reuters) - Nvidia on Wednesday forecast a 70% jump in revenue next fiscal year, underscoring unabated demand for AI computing, while ...

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Nvidia’s 70% growth forecast puts it on track to become tech’s No. 2 company by revenue

"Our demand is much greater than 70%," CEO Jensen Huang said on the earnings call.

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Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left

Nvidia has forecast a 70 percent ​jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how ‌quickly ...

Read More »