Nvidia anticipates a slowdown in revenue growth, projecting sales of approximately $54 billion for the fiscal third quarter. This forecast follows an extraordinary two-year surge fuelled by artificial intelligence investments. While the figure aligns with Wall Street expectations, some analysts had anticipated figures exceeding $60 billion.
The company's projection suggests a cooling in the previously red-hot AI sector, where Nvidia has been a leading provider of essential hardware. Investors will be watching closely to see if this signals a broader trend or is a temporary adjustment.
The forecast has prompted discussions about the sustainability of the AI boom and its potential impact on technology companies heavily invested in the sector. The deceleration may lead to a reassessment of growth expectations across the AI landscape.
