Nvidia reports record quarterly revenue as AI chip demand continues
7 months ago

Nvidia reports record quarterly revenue as AI chip demand continues

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy US computer chip giant Nvidia has reported record quarterly revenue of 30 billion dollars in its latest round of financial results. Nvidia achieved record revenues as global data centres are in full throttle to modernise the entire computing stack with accelerated computing and generative AI Jensen Huang, Nvidia boss The results beat many analysts’ expectations. “Nvidia achieved record revenues as global data centres are in full throttle to modernise the entire computing stack with accelerated computing and generative AI,” he said. Generative AI will revolutionise every industry.” Looking ahead to the next quarter, the company said it expected revenue to rise again, forecasting it to be around 32.5 billion dollars.

Nvidia Generative Ai Quarterly Revenue  nvidia  stack  generative  ai  computing  data  continues  reports  billion  record  demand  chip  quarterly  revenue  sign  breaking

History of this topic

Testing sentiments of AI market, Nvidia-backed CoreWaeve eyes up to $32 billion valuation in IPO
1 week, 5 days ago

Testing sentiments of AI market, Nvidia-backed CoreWaeve eyes up to $32 billion valuation in IPO

Firstpost  

Nvidia-backed cloud services provider CoreWeave is gearing up for a highly anticipated U.S. initial public offering, targeting a valuation of up to $32 billion. Reuters CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia-backed startup bets on strong demand for generative artificial intelligence. CoreWeave, which …

Nvidia expected to reveal details of latest AI chip at conference
2 weeks, 1 day ago

Nvidia expected to reveal details of latest AI chip at conference

Deccan Chronicle  

San Jose: Nvidia CEO Jensen Huang is expected on Tuesday to reveal fresh details about the company's newest artificial intelligence chip at its annual software developer conference. Much of that success stemmed from the decade that the Santa Clara, California-based company spent building software tools to woo AI researchers and developers - but it was Nvidia's data center chips, which …

Nvidia's Jensen Huang to unveil cutting-edge AI and quantum computing processors
2 weeks, 1 day ago

Nvidia's Jensen Huang to unveil cutting-edge AI and quantum computing processors

Firstpost  

Industry analysts anticipate Huang highlighting Nvidia’s newest Blackwell range of graphics processing units, which has fresh improvements in the works The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek. Reuters Nvidia CEO Jensen Huang is scheduled to unveil cutting-edge processors for artificial intelligence and quantum …

Don’t go all-in on Nvidia stock. Here’s how to play the AI trade now.
3 weeks, 1 day ago

Don’t go all-in on Nvidia stock. Here’s how to play the AI trade now.

Live Mint  

The best strategy for buying the dip in artificial intelligence stocks isn’t going all in on Nvidia. While Nvidia is looking more attractive than it did two months ago, allocating all of one’s AI money to the company comes with the risk that it loses data center chip market share to the likes of Broadcom and Advanced Micro Devices. “Investors …

Nvidia AI Server Maker Hon Hai Posts 25% Jump in Two-Month Sales
4 weeks ago

Nvidia AI Server Maker Hon Hai Posts 25% Jump in Two-Month Sales

Live Mint  

-- Hon Hai Precision Industry Co. posted a 25% rise in revenue during the first two months of 2025, quickening from last year in a reflection of expanding demand for AI computing. Hon Hai, which ships electronics to the rest of the world from giant production bases in China, is grappling with uncertainty surrounding Trump-administration tariffs and the sustainability of …

Nvidia sales boosted by rise in AI models that ‘reason’
Trending News
1 month ago

Nvidia sales boosted by rise in AI models that ‘reason’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy AI chip giant Nvidia’s sales have remained strong despite the rise of DeepSeek …

Nvidia is far from running out of road
1 month ago

Nvidia is far from running out of road

Live Mint  

Nvidia’s fiscal fourth-quarter report late Wednesday continued the AI titan’s string of impressive results. Nvidia’s total company revenue of $39.3 billion in the quarter ended Jan. 26 was up 78% from the same period last year. The company’s revenue projection of $43 billion for the April quarter also exceeded Wall Street’s forecast—abating some fears that the transition to the Blackwell …

Nvidia sales surge in the fourth quarter on demand for AI chips
1 month ago

Nvidia sales surge in the fourth quarter on demand for AI chips

The Hindu  

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialised Blackwell chips, which power artificial intelligence systems, continued to grow, sending the company's stock higher after hours. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes …

Nvidia share price gains over 3%; revenue, profit growth beats estimates with upbeat guidance
Trending News
1 month ago

Nvidia share price gains over 3%; revenue, profit growth beats estimates with upbeat guidance

Live Mint  

Nvidia share price rallied over 3% in regular trading on Wednesday, before declining slightly in choppy extended trading, as the tech giant reported its fourth quarter results. For the three months that ended January 26, Nvidia posted revenue of $39.3 billion, up 12% from the previous quarter and 78% from one year ago, beating estimates of $38.04 billion. Nvidia has …

Nvidia sales surge in the fourth quarter on demand for AI chips
Trending News
1 month ago

Nvidia sales surge in the fourth quarter on demand for AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month, 1 week ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Nvidia is in danger of losing its monopoly-like margins
2 months ago

Nvidia is in danger of losing its monopoly-like margins

Live Mint  

IT IS Common lore in Silicon Valley that no company has a bigger moat than Nvidia, the world’s dominant supplier of chips for artificial intelligence. That was true until January 27th, when a Chinese firm called DeepSeek, bearing an AI model that it said cost less than $6m to train, blew a nearly $600bn hole in the value of the …

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
2 months ago

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The reveal of a new …

Why Nvidia needs to appeal to a bigger crowd
2 months, 3 weeks ago

Why Nvidia needs to appeal to a bigger crowd

Live Mint  

The Nvidia co-founder and chief executive was in rare form for the annual conference’s keynote address, even swapping his typical black leather racing jacket for a glittery one. Nvidia’s data center segment alone is projected to generate about $113 billion in revenue for the fiscal year ending in January—more than the projected total revenue of any other chip company this …

Nvidia CEO pitches robotics, cars as growth areas to consumer-electronics audience
2 months, 3 weeks ago

Nvidia CEO pitches robotics, cars as growth areas to consumer-electronics audience

Live Mint  

Nvidia chief Jensen Huang held forth at a consumer-electronics showcase in Nevada on Monday, touting his inroads in AI agents, self-driving cars and robotics on a day when his company’s valuation reached its highest level. Taking the stage at the annual CES conference in Las Vegas, Huang showed “physical AI" tools that he said would help robots learn using simulated …

CES 2025: Nvidia's new personal AI supercomputer costs over Rs 2,50,000 and anyone can use it at home or office
2 months, 3 weeks ago

CES 2025: Nvidia's new personal AI supercomputer costs over Rs 2,50,000 and anyone can use it at home or office

India Today  

Nvidia, a giant in the artificial intelligence hardware game, is shaking things up by bringing AI capabilities straight to your desk. Project Digits, with the new GB10 Superchip designed with MediaTek, makes our most powerful Grace Blackwell platform more accessible — placing it in the hands of developers, researchers, and students to solve the most pressing issues of our time,” …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 4 weeks ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
3 months ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

NVIDIA completes $700 million acquisition of Israeli AI startup Run:ai, to turn it Open Source
3 months ago

NVIDIA completes $700 million acquisition of Israeli AI startup Run:ai, to turn it Open Source

Firstpost  

While NVIDIA has not disclosed the financial details of the transaction, reports from Israeli publication Calcalist earlier this year estimated the deal’s value at $700 million. This marks NVIDIA’s second major investment in Israel’s tech landscape Run:ai’s technology aligns seamlessly with NVIDIA’s vision. Founded in 2018 by Omri Geller and Ronen Dar, Run:ai has gained recognition for its innovative approach …

Broadcom’s AI success won’t all come at Nvidia’s expense
3 months, 2 weeks ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Live Mint  

There’s a new trillion-dollar AI chip maker in town. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion. It also appears to have done the opposite for Nvidia: The AI chip titan’s stock has shed about 4% over the …

The next AI battle: Who can get the most Nvidia chips in one place
4 months, 1 week ago

The next AI battle: Who can get the most Nvidia chips in one place

Live Mint  

Tech titans have a new way to measure who is winning in the race for AI supremacy: who can put the most Nvidia chips in one place. Now some of the most ambitious players are escalating those efforts by building so-called super clusters of computer servers that cost billions of dollars and contain unprecedented numbers of Nvidia’s most advanced chips. …

Nvidia Says New Chip Remains on Track, Helping Soothe Investors
4 months, 1 week ago

Nvidia Says New Chip Remains on Track, Helping Soothe Investors

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid …

Nvidia’s coming year will be a turbulent one
Trending News
4 months, 1 week ago

Nvidia’s coming year will be a turbulent one

Live Mint  

One problem with being on top is there is often nowhere to go but down. The chip maker’s fiscal third-quarter report Wednesday afternoon showed annual sales crossing the $100 billion mark for the first time ever—more than double what it was generating a year ago. But the stock still slipped about 2% in after-hours trading since the projection beat Wall …

NVIDIA sees a record 94% surge in revenue, more than doubles its profit from last year
4 months, 1 week ago

NVIDIA sees a record 94% surge in revenue, more than doubles its profit from last year

Firstpost  

NVIDIA’s revenue jumped to a record $35.1 billion, which is a staggering 94 per cent increase from the same period last year. Profits more than doubled this quarter compared to last year, reaching $19.3 billion A significant chunk of NVIDIA’s revenue came from its data centre division, which brought in $30.8 billion. Revenue soared to a record $35.1 billion, marking …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

The Hindu  

Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialised computer chips that power artificial intelligence systems remains robust. Analysts’ were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that's seen demand from companies like OpenAI and others building AI data centers. Nvidia has led the artificial intelligence …

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations
4 months, 1 week ago

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations

Live Mint  

Nvidia Q3 Results: Nvidia delivered blockbuster third-quarter results on Wednesday, with revenue nearly doubling amid unrelenting demand for its artificial intelligence chips. The company posted revenue of $35.08 billion for the quarter ending October 27, a staggering 94 per cent increase from $18.12 billion in the same period last year. “The guidance seems to show lower growth, but this may …

Nvidia Says New Chip Remains on Track After Forecast Disappoints
Trending News
4 months, 1 week ago

Nvidia Says New Chip Remains on Track After Forecast Disappoints

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup can maintain the company’s AI-fueled growth run, though the rush to get the chips out the door is proving more costly than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid “very strong” demand. …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. Analysts’ were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that’s seen demand from companies like OpenAI and others building AI data centers. Nvidia has led …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

LA Times  

Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. Analysts were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that has seen demand from companies such as OpenAI and others building AI data centers. On an earnings call …

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body
4 months, 3 weeks ago

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body

Live Mint  

One of the memorable moments of Nvidia Corp’s most recent conference for developers came towards the end of the chip giant’s semi-annual event. Having captured one of the most lucrative markets in recent times for chips that can train and run Generative AI systems, Huang has been talking up three other areas he’s now eyeing for growth: autonomous vehicles, quantum …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
5 months ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

Nvidia sees £100bn wiped off its value even as revenue doubles amid fears the AI bubble is set to burst
7 months ago

Nvidia sees £100bn wiped off its value even as revenue doubles amid fears the AI bubble is set to burst

Daily Mail  

Chipmaker Nvidia had more than £100billion wiped off its value after its latest set of record results failed to satisfy the sky-high expectations of investors. The second-quarter figures, released on Wednesday night, showed profits surging 168 per cent to £12.6billion and sales climbing 122 per cent to £22.8billion. AI winner: Hotly-anticipated second quarter figures showed Nvidia's profits surging 168% to …

Nvidia share price falls despite strong earnings results
7 months ago

Nvidia share price falls despite strong earnings results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nvidia’s share price has fallen …

Nvidia can’t escape shadow of AI spending fears
7 months ago

Nvidia can’t escape shadow of AI spending fears

Live Mint  

Nvidia has made life at the top look easy. Nvidia’s overall top and bottom lines beat Wall Street’s targets, as did the company’s forecast for the current period ending in October. Nvidia’s projected revenue of $32.5 billion for the current quarter ending in October was 2% ahead of Wall Street’s targets; the company’s projection for the same period last year …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched
7 months ago

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched

NPR  

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched The chip company Nvidia is the darling of the AI boom. Microsoft, Google, Facebook, Amazon and others are spending billions of dollars on AI, and they've said they expect to spend billions more, which is why analysts like Matt Bryson are so excited about Nvidia. He's an …

Sales set to double for chip giant Nvidia as AI frenzy persists
7 months, 1 week ago

Sales set to double for chip giant Nvidia as AI frenzy persists

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The chip firm, which is currently the world’s second …

Wall Street's next big test is looming with Nvidia's profit report
7 months, 1 week ago

Wall Street's next big test is looming with Nvidia's profit report

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Anyone with an S&P 500 …

Intel: Too big to turn, too vital to fail
7 months, 3 weeks ago

Intel: Too big to turn, too vital to fail

Live Mint  

The chips are down as never before for Intel. Intel is already the biggest fish in the American pond; the company’s current fabs account for about 41% of the country’s 300 mm wafer production capacity—the type of chip production most commonly used in key market segments—according to market research firm TechInsights. Intel’s data center revenue is projected to hit $12.6 …

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions
8 months, 1 week ago

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions

Firstpost  

Amazon’s drive to develop its own processors is aimed at providing more cost-effective solutions for customers who need to perform complex calculations and process large volumes of data. By producing its own chips, Amazon aims to mitigate the so-called ‘NVIDIA tax’ Amazon is developing new AI chips that are set to outperform and be cheaper than NVIDIA’s current offerings. By …

Samsung expects profits to jump nearly 15-fold thanks to AI boom
8 months, 4 weeks ago

Samsung expects profits to jump nearly 15-fold thanks to AI boom

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Samsung expects its profits for …

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom
9 months, 1 week ago

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom

LA Times  

People gather in the Nvidia booth at the Mobile World Congress mobile phone trade show in 2014 in Barcelona, Spain. Recently, Apple was overtaken by Microsoft, and this week there was briefly a new king of Wall Street — once again a Bay Area company: Nvidia, which makes semiconductors in high demand for artificial intelligence applications. Nvidia shares have been …

How Nvidia took over the world – and where it goes from here
9 months, 2 weeks ago

How Nvidia took over the world – and where it goes from here

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Nearly every major tech conference and keynote from that point on has had a heavy focus on …

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company
9 months, 2 weeks ago

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company

India Today  

Once known for developing graphics cards for gaming on laptops and PCs, Nvidia has now clinched the title of the world’s most valuable company—a journey that’s nothing short of epic. AI gold rush boosts Nvidia Nvidia’s meteoric rise is a clear indicator of AI’s transformative potential and the company’s stellar run also reflects it on Wall Street. Nvidia rides AI …

Intelligent bet: Can Nvidia keep up its swift rise?
9 months, 3 weeks ago

Intelligent bet: Can Nvidia keep up its swift rise?

Live Mint  

Last week, Nvidia briefly overtook Apple to become the second most-valuable company in the world at $3.01 trillion. Nvidia’s rise to the top was drastic—fuelling its sharp uptick from a mid-tier tech company to one of the biggest in the world in less than two years. At the heart of this growth is artificial intelligence —as OpenAI’s ChatGPT became popular, …

Nvidia’s new sales booster: The global push for domestic AI champions
9 months, 3 weeks ago

Nvidia’s new sales booster: The global push for domestic AI champions

Live Mint  

Countries in Asia, the Middle East, Europe and the Americas are pouring billions of dollars into new domestic computing facilities for artificial intelligence, opening up a fast-growing source of sales for Nvidia and other tech companies. Nvidia Chief Executive Jensen Huang has traveled the world in recent months to push investments in AI from governments and state-linked telecommunications and utility …

Global AI Chips revenue will grow 33% in 2024: Gartner
10 months ago

Global AI Chips revenue will grow 33% in 2024: Gartner

The Hindu  

Revenue from artificial intelligence semiconductors globally is expected to total $71 billion in 2024, a rise of 33% from 2023, according to the latest forecast by Gartner, Inc. “Today, generative AI is fueling demand for high-performance AI chips in data centres,” said Alan Priestley, VP Analyst at Gartner. “In 2024, the value of AI accelerators used in servers, which offload …

Nvidia’s business is booming. Here’s what could slow it down.
10 months, 1 week ago

Nvidia’s business is booming. Here’s what could slow it down.

Live Mint  

Nvidia is riding high after another quarter of blockbuster sales and earnings, even as threats are emerging that could weaken the company’s position at the center of the artificial-intelligence boom. Sequoia Capital estimated in March that the industry put $50 billion into Nvidia’s chips to train large language models, but generative AI startups had only made $3 billion in revenue. …

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