Nvidia Exceeds Sales Expectations
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AI chip demandReuters
•Technology
Technology
Nvidia shares rise as sales hit from China export curbs not as bad as feared

80% Informative
Shares of the world's most valuable semiconductor firm still rose 5% in extended trading as investors digested news that the hit in the current fiscal second quarter was not as bad as feared.
Washington 's efforts to thwart Beijing 's access to top-of-the-line U.S. technology have resulted in stricter restrictions on the export of Nvidia 's.
Nvidia , a bellwether of the artificial-intelligence market, expects revenue of $45 billion , plus or minus 2% in the second quarter .
The forecast includes a loss in H20 revenue of about $8 billion due to the recent export limitations.
Analysts say trade tensions and potential tariff impacts could create headwinds for AI chip demand.
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