BlockBeats News, February 25th, Morgan Stanley analyst Joseph Moore and his team expect NVIDIA’s fourth-quarter performance to be strong and are confident in the company’s full-year performance. The analysts stated that NVIDIA’s performance in the last quarter was very strong, with revenue expected to increase by $3 billion, a quarter-on-quarter increase of $10 billion.
The analysts stated that the company’s revenue in the last quarter exceeded expectations by nearly $3 billion and is expected to increase by $8 billion quarter-on-quarter. Therefore, it appears that the growth has not slowed down.
Therefore, he believes that the $64 billion revenue expectation still has upward potential of $2 billion or more, and added that the $72 billion revenue consensus expectation is relatively conservative.
