Nvidia crushes earnings expectations on AI chip demand

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Nvidia crushes earnings expectations on AI chip demand …C0NTINUE READING HERE >>>

Nvidia is under pressure to meet high expectations with its coming Blackwell processing system for powering artificial intelligence.
Photo: I-Hwa CHENG / AFP
Source: AFP

US chipmaking behemoth Nvidia said Wednesday it made a $19 billion profit on record high revenue last quarter as demand continued for its hardware to power artificial intelligence.

Nvidia reported quarterly sales of $35.1 billion, some $2 billion more than market expectations.

“The age of AI is in full steam, propelling…

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