Nvidia aims for another AI-powered revenue record

Can fabless semiconductor superpower Nvidia Corp follow its AI-powered annus mirabilis with another quarterly revenue record? According to America’s third-largest company (having just flipped Google parent Alphabet Inc (NASDAQ:GOOG)), yes! Nvidia has set a fourth-quarter revenue target of around $20 billion on a 74.5% gross margin. Hitting this target would indeed make for another all-time quarterly record following an $18.1 billion top-line figure in the third quarter and $13.5 billion in the second quarte ...