Citigroup: NVIDIA's sales forecast this season is Favourable Information for European AI semiconductor companies.
Jin10 reported on May 29 that Citi analysts stated that Nvidia's sales forecast for this quarter is a good sign for European semiconductor companies involved in the artificial intelligence sector, such as ASML Holding, ASM International, Infineon Technologies, and Arm Holdings. Nvidia is expected to have a revenue of around $45 billion this quarter, with a fluctuation of 2%. Analysts wrote in a report to clients: "We believe that increased confidence in future artificial intelligence demand is also beneficial for European semiconductor companies."