Nvidia Corp., a major player in the artificial intelligence industry, has released a revenue forecast for its fiscal fourth quarter that is lower than the highest analyst expectations.
The company expects sales of around $37.5 billion, which is higher than the average analyst estimate of $37.1 billion but falls short of projections that went as high as $41 billion.
This announcement raises concerns about the sustainability of Nvidia's rapid growth in the midst of the ongoing AI boom.
The forecast indicates potential limitations to the company's previously impressive performance as it navigates a competitive market and evolving demands.