US EditionNvidia's quarterly report will gauge the temperature of the AI craze
Nvidia's quarterly profit rose nearly 60% to $26.4 billion, with data center revenue up 56%, despite zero AI chip shipments to China due to trade restrictions.
- Nvidia’s sales of artificial intelligence chipsets grew more slowly than analysts expected, raising concerns about the sustainability of the AI market.
- Nvidia's data center division reported $41.1 billion in revenue for the quarter, which was below the analyst forecast of $41.3 billion.
- Following the fiscal report, Nvidia’s stock dropped nearly 3%, indicating continued investor worries about the company's growth prospects.
- Concerns are emerging that the current AI excitement could resemble the late 1990s dot-com boom and its subsequent collapse.
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176 Articles
Business - Nvidia results show sustained AI boom, but China woes persist
US AI chipmaker Nvidia, the world's most valuable company, posted record $46 billion sales in the latest quarter, showing strong demand from clients like OpenAI, Microsoft, Amazon, Alphabet and Meta. However, the company's lack of shipments of chips to China is clouding the horizon. In this edition, we explain the geopolitics affecting Nvidia's business. Plus, FRANCE 24's Yuka Royer speaks to France's Minister for Foreign Trade Laurent Saint-Mar…
The American flea manufacturer for the AI has achieved record quarterly results. At the heart of the trade war between Washington and Beijing, the exports to China of some of its fleas remain uncertain.
Nvidia's quarterly figures on the market are much better than expected. Together with friendly requirements from Asia and the USA, this should give the DAX some tailwind.
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