Instant Reaction: Nvidia Gives Lukewarm Forecast, Stoking Fears of AI Slowdown
Bloomberg Tech
Bloomberg
4.5 • 49 Ratings
🗓️ 27 August 2025
⏱️ 23 minutes
🧾️ Download transcript
Summary
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, fueling concerns that a massive run-up in artificial intelligence spending is slowing. Sales will be roughly $54 billion in the fiscal third quarter, which runs through October, the company said in a statement Wednesday. Though that was in line with the average Wall Street estimate, some analysts had projected more than $60 billion. The forecast excluded data center revenue from China, a market where it has struggled with US export restrictions and opposing pressure from Beijing.
The outlook adds to concern that pace of investment in artificial intelligence systems is unsustainable. The difficulties in China also have clouded Nvidia’s business. Though the Trump administration recently eased curbs on exports of some AI chips to that country, the reprieve hasn’t yet translated into a rebound in revenue.
For instant reaction and analysis, hosts Tim Stenovec and Isabelle Lee speak with:
- Bloomberg Intelligence Global Head of Technology Research Mandeep Singh
- Bloomberg News Big Tech Team Leader Sarah Frier
- Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I think you don't start a startup if you want to sleep at night. |
| 0:02.8 | Things almost never worked the first time. |
| 0:04.8 | For an inside look at the global connections that help businesses succeed, |
| 0:08.7 | search for Turning Point, brought to you by Bloomberg Media Studios and HSBC. |
| 0:15.2 | Creativity is personal. Your tools should be too. |
| 0:18.5 | Lenovo offers a wide range of devices to match your creative workflow |
| 0:22.0 | with powerful GPUs, |
| 0:23.8 | color accurate displays, |
| 0:25.0 | and AI tools that help spark, |
| 0:26.9 | shape and share your vision. |
| 0:28.5 | From morning hustle to midnight render, |
| 0:30.9 | Lenovo delivers power that never sleeps |
| 0:33.0 | because neither do you. |
| 0:34.5 | One device, all your worlds. |
| 0:36.7 | Shop now at Lenovo.com slash back to school. |
| 0:42.3 | Bold ideas brought to life wherever inspiration strikes. |
| 0:47.9 | Hi, I'm Lisa Mateo, introducing you to the new Stockmovers report from Bloomberg. |
| 0:54.4 | These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day. |
| 1:00.9 | Stock Movers fills you in on the day's winners and losers on Wall Street |
| 1:04.7 | and tells you about the news and data that's driving those gains and losses. |
| 1:08.9 | If you want to stay plugged into the stock market, but don't want to |
| 1:12.1 | spend all day watching tickers scroll across your screen, then Stock Movers is a place for you to get |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.