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Instant Reaction: Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards

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Nvidia, the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge.Sales in the three months ending in July will be about $91 billion, the company said in a statement late Wednesday.

Though analysts estimated $87 billion on average, projections ranged as high as $96 billion, according to data compiled by Bloomberg.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Emily Graffeo speak with:

  • Ed Ludlow, Bloomberg Tech co-host
  • Paul Meeks, Head of Technology Research at Freedom Capital Markets
  • Jay Goldberg, Seaport Research Partners
  • Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst
 
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