Nvidia forecasts upbeat revenue on metaverse hopes

CNA2021-11-18

Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...

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精彩评论

Chip77
2021-11-18
Chip77
Love this stock but find them expensive at $600 before stock split. Ain't going to let you run away this time. Be greedy when others are fearful but do you dare? Let's go $350? $NVIDIA Corp(NVDA)$
Wafu
2021-11-18
Wafu
Like please
- JeremyKok:
  hi please like and comment back. thank you.
Akadken
2021-11-18
Akadken
Interesting article
SanWangtikup
2021-11-18
SanWangtikup
Go
JPHC
2021-11-18
JPHC
Fearful of buying in during euphoria.
HENRYCSC
2021-11-18
HENRYCSC
[Smile]

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Let's go $350? $NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878408863","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. 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This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878548365,"gmtCreate":1637212099144,"gmtModify":1637212111722,"author":{"id":"3575505100092231","authorId":"3575505100092231","name":"Wafu","avatar":"https://static.tigerbbs.com/0fa81128865bb0701d14c8c5b8570921","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575505100092231","idStr":"3575505100092231"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878548365","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.</p>\n<p>A day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.</p>\n<p>\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.</p>\n<p>For the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.</p>\n<p>Analysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.</p>\n<p>Overall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia forecasts upbeat revenue on metaverse hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184764854","content_text":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.\nThe online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.\nThe move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.\nThe company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.\n\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6633837,"gmtCreate":1637272411554,"gmtModify":1637272411585,"authorId":3567307840510045,"author":{"id":3567307840510045,"idStr":"3567307840510045","authorId":3567307840510045,"name":"JeremyKok","avatar":"https://static.tigerbbs.com/01b03a485f83b6b2615fad8ac9b87bf4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878548365,"type":1,"supId":0,"prevId":0,"content":"hi please like and comment back. thank you.","text":"hi please like and comment back. thank you.","html":"hi please like and comment back. thank you."}],"langContent":"CN"},{"id":878552596,"gmtCreate":1637210911079,"gmtModify":1637210911194,"author":{"id":"4089155539472820","authorId":"4089155539472820","name":"Akadken","avatar":"https://static.tigerbbs.com/f9d2d75bd697950ef6eeae6a89bfb9f0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4089155539472820","idStr":"4089155539472820"},"htmlText":"Interesting article&nbsp;","listText":"Interesting article&nbsp;","text":"Interesting article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878552596","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.</p>\n<p>A day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.</p>\n<p>\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.</p>\n<p>For the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.</p>\n<p>Analysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.</p>\n<p>Overall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia forecasts upbeat revenue on metaverse hopes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia forecasts upbeat revenue on metaverse hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184764854","content_text":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.\nThe online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.\nThe move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.\nThe company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.\n\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878556713,"gmtCreate":1637210808385,"gmtModify":1637210808672,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087452914358580","idStr":"4087452914358580"},"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878556713","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.</p>\n<p>A day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.</p>\n<p>\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.</p>\n<p>For the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.</p>\n<p>Analysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.</p>\n<p>Overall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia forecasts upbeat revenue on metaverse hopes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia forecasts upbeat revenue on metaverse hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184764854","content_text":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.\nThe online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.\nThe move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.\nThe company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.\n\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878520552,"gmtCreate":1637208847426,"gmtModify":1637208847426,"author":{"id":"3560153673056412","authorId":"3560153673056412","name":"JPHC","avatar":"https://static.tigerbbs.com/983066cca30c768ccae9fa351386fdfe","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3560153673056412","idStr":"3560153673056412"},"htmlText":"Fearful of buying in during euphoria.&nbsp;","listText":"Fearful of buying in during euphoria.&nbsp;","text":"Fearful of buying in during euphoria.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878520552","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.</p>\n<p>A day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.</p>\n<p>\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.</p>\n<p>For the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.</p>\n<p>Analysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.</p>\n<p>Overall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia forecasts upbeat revenue on metaverse hopes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia forecasts upbeat revenue on metaverse hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184764854","content_text":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.\nThe online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.\nThe move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.\nThe company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.\n\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878562820,"gmtCreate":1637208341401,"gmtModify":1637208341648,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575091428590185","idStr":"3575091428590185"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878562820","repostId":2184764854,"repostType":4,"repost":{"id":"2184764854","pubTimestamp":1637190508,"share":"https://www.laohu8.com/m/news/2184764854?lang=&edition=full","pubTime":"2021-11-18 07:08","market":"us","language":"en","title":"Nvidia forecasts upbeat revenue on metaverse hopes","url":"https://stock-news.laohu8.com/highlight/detail?id=2184764854","media":"CNA","summary":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.The move will be a big boost for Nvidia, the world's","content":"<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.</p>\n<p>The online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.</p>\n<p>The move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.</p>\n<p>The company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.</p>\n<p>\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.</p>\n<p>Nvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.</p>\n<p>The company's shares were up nearly 5%&nbsp;in extended trading, after more than doubling this year.</p>\n<p><img src=\"https://static.tigerbbs.com/fabaeec8e31b15f4f1e88a4eec7fa9a0\" tg-width=\"872\" tg-height=\"595\" width=\"100%\" height=\"auto\"></p>\n<p>The company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.</p>\n<p>A day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.</p>\n<p>\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.</p>\n<p>For the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.</p>\n<p>Analysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.</p>\n<p>Overall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia forecasts upbeat revenue on metaverse hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/nvidia-forecasts-upbeat-revenue-metaverse-hopes-2321256","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184764854","content_text":"Nvidia Corp forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and metaverse.\nThe online realm that uses augmented and virtual reality to help users interact has captured more attention after Facebook, now renamed Meta, said it would boost capital expenditure and shift focus from its social media business.\nThe move will be a big boost for Nvidia, the world's biggest maker of graphics and AI chips, as metaverse applications would need more computing power and drive demand for chips.\nThe company last month released Omniverse Enterprise, which will start at US$9,000 per year, to build powerful computing systems with its chips for corporate customers.\n\"We showed what is possible when we can jump into virtual worlds. ... This is the tip of the iceberg of what's to come,\" Nvidia's chief executive, Jensen Huang, said in a statement on Wednesday.\nNvidia expects current-quarter revenue of US$7.40 billion, plus or minus 2per cent, above analysts' average estimate of US$6.86 billion, according to IBES data from Refinitiv.\nThe company's shares were up nearly 5% in extended trading, after more than doubling this year.\n\nThe company has so far avoided major supply chain problems despite a global chip crunch, but supply chain costs are rising. It said Wednesday that outstanding inventory purchase and long-term supply obligations were US$6.90 billion, up from US$2.57 billion a year earlier and up from US$4.79 billion in the prior quarter.\nA day after British regulators said 6 they were launching an in-depth probe of Nvidia's proposed acquisition of chip technology supplier Arm Ltd, Nvidia disclosed the deal was also under scrutiny in the United States.\n\"Regulators at the US Federal Trade Commission (FTC) have expressed concerns regarding the transaction, and we are engaged in discussions with the FTC regarding remedies to address those concerns,\" Nvidia said in a statement.\nFor the reported third quarter, revenue in Nvidia's gaming unit rose 42per cent to US$3.22 billion and data centers surged 55per cent to US$2.94 billion.\nAnalysts had expected US$3.13 billion and US$2.75 billion for gaming and data centers, respectively, according to FactSet.\nOverall, revenue rose about 50per cent to US$7.10 billion for the three months ended Oct. 31, above the average estimate of US$6.83 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":245,"commentSize":41,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2184764854"}