tech

Nvidia forecasts 70% sales growth fuelled by relentless AI boom

Chip giant rebuts criticism of ‘circular financing’ deals as it beats Wall Street expectations

Nvidia forecasts 70% sales growth fuelled by relentless AI boom

TL;DR

  • Nvidia exceeded Wall Street expectations.
  • The company forecasts 70% sales growth.
  • Growth is attributed to the AI boom.
  • Nvidia rebuts criticism of 'circular financing' deals.