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Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned

(Reuters) -Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours. Nvidia's forecast beat expectations by billions of dollars, demonstrating that a boom in generative AI technologies that can read and write in human-like ways - and powered almost exclusively by Nvidia's chips - shows no signs of slowing down. Nvidia's ad

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Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned

Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Amazon s Former Logistics Guru Aims to Repeat Growth at Flexport

By Lisa Baertlein LONG BEACH, Calif., Feb 28 (Reuters) – The former Amazon.com Inc executive who oversaw the e-commerce company’s transportation network buildout for its sellers, now aims to do the same for rival shipping customers as chief executive of logistics startup Flexport. “I wanted to … do it again for everyone else,” said Dave Clark, the former Amazon executive who will become Flexport CEO on March 1 after spending six months as co-CEO. Getting big is the key to success, Clark said at S&P Global Market Intelligence’s TPM23 conference in Long Beach, California, on Tuesday. “Most companies will never have the opportunity to roll up the.

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As chatbots boom, Nvidia sales outlook beats Wall Street expectations

By Chavi Mehta, Stephen Nellis and Jane Lanhee Lee (Reuters) -Chip designer Nvidia Corp forecast first-quarter revenue above Wall Street estimates on Wednesday as the company benefits from a boom in spending to power chatbots

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As chatbots boom, Nvidia sales outlook beats Wall Street expectations

As chatbots boom, Nvidia sales outlook beats Wall Street expectations
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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