NVIDIA's revenue outlook falls short of the most optimistic expectations, facing obstacles in the production of the new Blackwell chip

NVIDIA, a chip manufacturer at the forefront of the artificial intelligence boom, has provided revenue forecasts that fall short of some of the most optimistic expectations, sparking concerns that its explosive growth may be slowing down. The company stated on Wednesday that its third-quarter revenue will reach around $32.5 billion. While analysts' average expectation was $31.9 billion, the upper end of the forecast range was $37.9 billion. The company also mentioned that its highly anticipated new Blackwell chip encountered difficulties during the production process, leading to a decline in its stock price after hours. This outlook may weaken the momentum that has propelled NVIDIA to become the world's second-largest company by market value in the artificial intelligence frenzy. As a major beneficiary of enterprises upgrading data centers to handle artificial intelligence software, this chip manufacturer's sales forecasts have become a barometer of the spending spree