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Nvidia set to open at record on soaring Volta chip demand


By Supantha Mukherjee(Reuters) - Shares of Nvidia Corp are set to open at a record on Friday, after it posted stellar quarterly results powered by higher demand for graphics chips used in gaming and data centers, and the rapid adoption of its new Volta chips for AI and driverless cars.Nvidia's gaming revenue blew past estimates but it was the data center business, the driver of future growth, that made analysts stand up and take notice as revenue in the unit more than doubled in the latest third quarter. Revenue from the datacenter business, Nvidia's second-biggest revenue contributor, rose ...

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First Published: Fri, November 10 2017. 19:25 IST