May 8, 2014 / 8:32 PM / 4 years ago

Nvidia's quarterly revenue forecast meets Wall Street estimates

SAN FRANCISCO, May 8 (Reuters) - Nvidia on Thursday forecast current-quarter revenue that met analysts’ expectations as it expands from a slowing personal computer industry into new markets for its graphics technology.

Nvidia said in a press release that for its fiscal second quarter, which ends in July, it expects revenue of $1.1 billion, plus or minus 2 percent.

Analysts on average expected revenue of $1.084 billion for the quarter, according to Thomson Reuters I/B/E/S. (Reporting by Noel Randewich; editing by Steve Orlofsky)

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