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Nvidia forecasts sales that exceed analysts' estimates
Graphics-chip maker up the most in more than four years
Add BT as a preferred sourcePublished Sun, Aug 9, 2015 · 09:50 PM
San Francisco
NVIDIA Corp, the biggest maker of graphics chips used for personal-computer (PC) games, predicted sales that may exceed analysts' estimates on demand for high-priced machinery that can run the most challenging titles. The stock rose the most in more than four years.
Revenue in the period that ends in October will be US$1.18 billion, plus or minus 2 per cent, the company said. That compares with an average analyst estimate of US$1.1 billion, according to data compiled by Bloomberg.
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