Nvidia could face oversupply issues in short term - analyst

Nvidia Corp once again smashed expectations in Wednesday’s annual earnings call with another artificial intelligence-led revenue and earnings beat. According to analysts by Wedbush Securities, Nvidia not only exceeded quarterly estimates but also provided an optimistic outlook for the first quarter, signalling continued growth momentum. Data centre revenues, which encompass sales of Nvidia’s cutting-edge AI-focused chip designs, surged a whopping 409% year on year, with forward guidance implying “solid grow ...