Nvidia forecasts second-quarter revenue below estimates
ReutersMay 28, 2025 8:21 PM
May 28 (Reuters) - Nvidia NVDA.O forecast second-quarter revenue below market estimates on Wednesday, expecting a major hit to sales from tighter U.S. curbs on exports of its AI chips to key semiconductor market China.
The artificial intelligence market bellwether expects revenue of $45 billion, plus or minus 2%, in the second quarter, compared with analysts' average estimate of $45.90 billion, according to data compiled by LSEG.
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