Nvidia Posts Record Sales, Warns of Russia, China Hit

Graphics-chip maker Nvidia gave a muted gross sales outlook, citing supply-chain disruptions in China and lowered enterprise in Russia, because it posted document gross sales for the newest quarter.

Nvidia stated gross sales within the present quarter are more likely to are available at $8.1 billion, lacking Wall Avenue forecasts. The corporate stated it anticipated a roughly $500 million hit to gross sales referring to Russia and Covid-19 lockdowns in China.

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