US EditionNvidia's revenue triples as AI chip boom continues
- Analysts expect Nvidia to meet its optimistic forecast of a 173% year-over-year revenue growth in Q3 due to the high demand for its GPUs in artificial intelligence.
- Despite obstacles like competition from AMD and export restrictions in China, some analysts remain optimistic about Nvidia's performance.
- Nvidia's revenue has shifted from PC gaming to server farms, with data center revenue predicted to increase by 239%.
25 Articles
25 Articles
With a new record turnover and spectacular profit margins, American chipmaker Nvidia continues to profit from the AI hype. Sales to data centers in particular are booming, despite export restrictions to China.
The AI boom is turning chip company Nvidia into a revenue and profit giant. Business is going brilliantly, but US supply restrictions for China are leaving a shadow on the balance sheet. [more]
What Nvidia’s earnings say about the future of generative AI
Sure, there’s a lot of drama at OpenAI, the leading company in the generative artificial intelligence space. But there’s a lot of other AI activity happening elsewhere: In the three months ending on Oct. 29, Nvidia’s revenue more than tripled from the same period last year, reaffirming that generative AI adoption is…Read more...
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