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2025-05-28 22:52:37
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Yahoo! News - by layer3.news on Nostr: yahoo.com_3 ✍️ Nvidia beat sales expectations in its fiscal first quarter but ...



✍️ Nvidia beat sales expectations in its fiscal first quarter but forecast second-quarter revenue below market estimates due to tighter US curbs on exports of AI chips to China.
👉 Nvidia beat sales expectations in its fiscal first quarter
👉 Tighter US curbs on exports of AI chips to China expected to take an $8 billion hit on revenue in the second quarter
👉 Nvidia signed new deals in the Middle East, including a 10-square-mile data center site in the United Arab Emirates
👉 Company's access to the Chinese market has been stifled by stricter export restrictions

#ArsheeyaBajwa #StephenNellis #ColetteKress #JensenHuang #GilLuria #JacobBourne #China #UnitedArabEmirates #SaudiArabia #Taiwan #Bengaluru #SanFrancisco #technology

https://media.zenfs.com/en/reuters.com/902c36cd07e33712fa7f9e0e76182595

https://finance.yahoo.com/news/nvidia-forecasts-second-quarter-revenue-202438348.html

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