Nvidia forecasts fourth-quarter revenue above expectations



© Reuters. FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara

(Reuters) – Nvidia Corp (O:) forecast fourth-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its graphic chips for gaming devices and data centers.

The chipmaker said it expects current-quarter revenue of $4.80 billion (£3.61 billion), plus or minus 2%, compared with analysts’ average estimate of $4.42 billion, according to IBES data from Refinitiv.

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