Instant Reaction: Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards

Nvidia, the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge.Sales in the three months ending in July will be about $91 billion, the company said in a statement late Wednesday.

Though analysts estimated $87 billion on average, projections ranged as high as $96 billion, according to data compiled by Bloomberg.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Emily Graffeo speak with:

• Ed Ludlow, Bloomberg Tech co-host
• Paul Meeks, Head of Technology Research at Freedom Capital Markets
• Jay Goldberg, Seaport Research Partners
• Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst

See omnystudio.com/listener for privacy information.