New York, Aug. 29 -- Nvidia Corp., the world's most valuable company, gave a tepid revenue forecast for the current period, signalling that growth is decelerating after a staggering two-year boom in artificial intelligence spending.
Sales will be roughly $54 billion in the fiscal third quarter, which runs through October, the company said.
CEO Jensen Huang dismissed concern about an end to a spending boom on AI chips and said opportunities will expand into a multi-trillion-dollar market over the next five years.P18
Published by HT Digital Content Services with permission from Hindustan Times....