Nvidia (NVDA) Gives Lackluster Forecast, Stoking Fears of AI Slowdown

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Nvidia Corp., the world’s most valuable company, gave a tepid revenue forecast for the current period, signaling 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 in a statementBloomberg Terminal Wednesday. Though that was in line with the average Wall Street estimate, some analysts had projected more than $60 billion.



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