Bloomberg Businessweek Nvidia Gives Lackluster Forecast, Stoking Fears of AI Slowdown
Aug 27, 2025
Mandeep Singh, Global Head of Technology Research at Bloomberg Intelligence, discusses Nvidia's tepid revenue forecast and its implications for the AI investment landscape. Natasha Sarin, Yale Law professor and co-founder of the Yale Budget Lab, delves into U.S. monetary and trade policy challenges. Dana Telsey, CEO of the Telsey Advisory Group, examines the retail sector's resilience amidst market fluctuations, highlighting strategies employed by retailers to navigate changing consumer behaviors and economic pressures.
AI Snips
Chapters
Transcript
Episode notes
Blackwell Ramp But Slowing Growth
- Nvidia's Blackwell ramp is progressing but it's harder for the company to keep outperforming past quarters.
- Analysts warn sequential data-center growth is decelerating from double-digit to mid-single-digit gains, pressuring the stock multiple.
China Is A Wild Card For Revenue
- China remains a major wild card for Nvidia's revenue because export approvals are uncertain.
- Nvidia guided with zero China revenue expectations, so clarity on waivers would materially change outlooks.
Strong Results, Tepid Guidance Spooks Market
- Nvidia reported strong absolute numbers but gave a tepid Q3 guide that rattled investors.
- The market reacted to signs of deceleration despite continued high gross margins and buyback news.