Instant Reaction: Nvidia’s Upbeat Sales Forecast Shows AI Boom Remains Strong

Instant Reaction: Nvidia’s Upbeat Sales Forecast Shows AI Boom Remains Strong

Nvidia Corp. gave a bullish quarterly revenue forecast, signaling that the build-out of AI computing remains on track, with fiscal first-quarter sales expected to be about $78 billion.

The company's outlook helped soothe concerns about a bubble in AI investments, with Chief Executive Officer Jensen Huang saying that customers are racing to invest in AI compute.

Nvidia shares rose about 4% in extended trading following the announcement, after the company reported revenue gained 73% to $68.1 billion in the fiscal fourth quarter, and profit was $1.62 a share, excluding certain items.

For instant reaction, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with analysts and experts from across the Bloomberg newsroom, including:

  • Bloomberg Tech Co-Host Ed Ludlow
  • Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners
  • Bloomberg Intelligence senior tech industry analyst Mandeep Singh
  • Bloomberg Intelligence Senior Technology Analyst Anurag Rana

See omnystudio.com/listener for privacy information.

Avsnitt(3343)

Warner Bros. Says Paramount’s New $31 Offer May Top Netflix

Warner Bros. Says Paramount’s New $31 Offer May Top Netflix

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Market news and in-depth company research.Bloomberg Intelligence hosted by Paul Sweeney and Kristine Aquino-Geetha Ranganathan, ...

25 Feb 22min

Meta to Spend Tens of Billions of Dollars on AMD Gear, Buy Stock

Meta to Spend Tens of Billions of Dollars on AMD Gear, Buy Stock

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Market news and in-depth company research.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Ed Ludlow, BTech Co-Ancho...

24 Feb 19min

Novo Next-Generation Obesity Shot Falls Short of Lilly Rival

Novo Next-Generation Obesity Shot Falls Short of Lilly Rival

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Market news and in-depth company research.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Sam Fazeli, Bloomberg Int...

23 Feb 24min

Introducing: The Sixth Bureau

Introducing: The Sixth Bureau

It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security,...

22 Feb 1min

BI Weekend: Deere, Walmart Earnings, Berkshire Hathaway 13F Filings

BI Weekend: Deere, Walmart Earnings, Berkshire Hathaway 13F Filings

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Hosts: Paul Sweeney and Scarlet Fu On this podcast:- Christopher Ciolino, Bloomberg Intelligence Senior US Machinery Analyst, discusses Dee...

20 Feb 38min

Retail Stocks Jump After Supreme Court Strikes Down US Tariffs

Retail Stocks Jump After Supreme Court Strikes Down US Tariffs

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Market news and in-depth company research.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Poonam Goyal, Senior U.S....

20 Feb 27min

Walmart’s Cautious Outlook Reflects Uneven State of US Economy

Walmart’s Cautious Outlook Reflects Uneven State of US Economy

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Market news and in-depth company research.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Emily Cohn, Bloomberg Con...

19 Feb 22min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
uppgang-och-fall
rss-svart-marknad
avanzapodden
rss-borsens-finest
bathina-en-podcast
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
rss-dagen-med-di
dynastin
24fragor
tabberaset
borsmorgon
fill-or-kill
svd-tech-brief
lastbilspodden
loungepodden