Custom-chip maker reports stronger revenue growth outlook on AI demand
The company said revenue growth is expected to continue accelerating each quarter for the rest of the fiscal year. MarketWatch reported the announcement prompted a rise in the company's stock price.
finance.yahoo.comA custom-chip maker stated that revenue growth is expected to continue accelerating each quarter for the rest of the fiscal year. The company attributed the stronger growth outlook to what it described as exceptional demand for artificial-intelligence products.
MarketWatch reported that the company's stock climbed following the announcement. The report did not include additional financial figures or name specific customers.
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