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Citi Predicts Nvidia's Revenue Will Surge on Strong AI Sales

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NVDA
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Citi has revised its revenue forecasts for Nvidia, expecting stronger-than-expected quarterly sales.

The brokerage estimates July-quarter revenue of approximately $93 billion, exceeding Wall Street's expectations by about $1 billion.

Nvidia's data-center revenue is expected to rise 15% sequentially in the July quarter and 14% in October, driven by the ramp-up of its Blackwell chips and AI networking components.

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