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Nvidia Projects Sales That May Top Estimate on Gaming Growth

Nvidia Corp., the largest maker of graphics chips used for personal-computer games, forecast sales that may exceed analysts’ estimates on demand for hardware that can handle the most visually intensive applications.

Revenue in the quarter ending in January will be $1.3 billion, plus or minus 2 percent, the company said Thursday in a statement. That compares with analysts’ average estimate of $1.21 billion, according to data compiled by Bloomberg. The company also said it would raise its quarterly cash dividend 18 percent to 11 1/2 cents per share.

Though the company’s gaming graphics business continues to grow, Chief Executive Officer Jen-Hsun Huang is attempting to extend the business into corporate data centers and cars to provide other sources of revenue as the...