Nvidia forecasts quarterly revenue above estimates

Nvidia forecast quarterly revenue above Wall Street ⁠estimates ⁠on Wednesday, but its outlook did ⁠little to ease investor concerns about the company’s long-term dominance in the ​AI chip market. Shares of the world’s most valuable company fell 1.2% in extended trading. As of Tuesday’s close, Nvidia ‌has gained just 14.2% so far ‌this year, while AMD and Intel have more than doubled. The company expects third-quarter revenue of $108.0 billion, plus ⁠or minus ⁠2%, compared with analysts’…

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