Nvidia CFO Said Revenue From Nations Building Ai Applications Is Expected To Reach Low Double Digit Billions In Fiscal 2025 -Conf Call
Portfolio Pulse from Benzinga Newsdesk
Nvidia's CFO announced that the company's revenue from countries developing AI applications is projected to reach low double-digit billions in fiscal 2025.
August 28, 2024 | 9:32 pm
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Nvidia anticipates substantial revenue growth from AI applications, with expectations to reach low double-digit billions by fiscal 2025. This indicates strong demand and potential market expansion.
The announcement by Nvidia's CFO highlights a significant revenue stream from AI applications, suggesting strong demand and market expansion. This positive outlook is likely to boost investor confidence and positively impact Nvidia's stock price in the short term.
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