Nvidia forecasts 70% revenue jump

Nvidia has forecast a 70% jump in revenue for the next fiscal year, underscoring unabated demand for AI computing.

The company warned that shortages of memory components could persist, potentially constraining supply.

The earnings report boosted global markets, with Seoul stocks closing higher for a third day.

Nvidia's dominance in AI chips continues to make it one of the most closely watched companies in the world.