Nvidia forecast tops expectations on cloud sales despite coronavirus hit
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(Reuters) - Nvidia Corp on Thursday forecast first-quarter revenue that topped Wall Street expectations, powered by sales of its chips to cloud computing vendors, even as it projected a $100 million (£77 million) hit from the coronavirus outbreak.The forecast reinforced expectations of a rebound in chip demand and sent Nvidia shares up nearly 7% in extended trading. Last month, Intel Corp and Advanced Micro Devices Inc , Nvidia's primary rivals in selling chips to data centre customers, both..