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AMD Gives Tepid Forecast Amid Weak Demand for Gaming Chips [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years Binance and CZ's Fortunes Are Set to Grow, Even in Jail Tesla Soars on Tentative China Approval for Driving System Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter Second-quarter revenue will be approximately $5.7 billion, the company said in a statement Tuesday. That compares with an average analyst estimate of $5.72 billion. Revenue from AMD's gaming division fell well short of projections last quarter, but the company is expecting to get a boost from a push into AI accelerators — Nvidia Corp.-style chips that help develop chatbots and other artificial intelligence tools. The company has projected that its new MI300 products will generate as much as $3.5 billion of revenue this year. “This is an incredibly exciting time for the industry as widespread deployment of AI is driving demand for significantly
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