Nvidia has issued a strong $45 billion revenue forecast for its second fiscal quarter

Nvidia has issued a strong $45 billion revenue forecast for its second fiscal quarter, despite facing an $8 billion hit from new U.S. export restrictions on sales to China. This outlook, matching analyst expectations, boosted Nvidia shares by 4% in after-hours trading. CEO Jensen Huang acknowledged the loss of the Chinese market for advanced chips but emphasized robust global AI demand and new international contracts. Nvidia’s performance highlights its resilience and adaptability amid U.S.-China trade tensions, reinforcing investor confidence in its long-term growth

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