Nvidia’s greatest danger to its outlook proper now could be China

Wall Street largely bought what it hoped for with Nvidia Corp.’s fiscal fourth-quarter forecast and its optimism concerning the coming 12 months, however questions on future gross sales to China nonetheless loom, and pose the chip maker’s greatest uncertainty.

On Tuesday, Nvidia set one other report for earnings and income within the third quarter, the place income of $18.1 billion surpassed estimates of $16.2 billion, fueled largely by sturdy gross sales in its data-center enterprise for AI makes use of. Nvidia NVDA forecast one other report of $20 billion in income…