Nvidia's revenue triples as AI chip boom continues

Nvidia revenue triples on Artificial Intelligence chip rally

Tech giant Nvidia posted record fiscal third-quarter 2023 revenue this week following robust chip demand. Here's why it is the company investors all want a slice of.

Nvidia higher as blowout Q3 earnings overtake concern for restricted China sales

Nvidia shares could hit another record high Wednesday as investors look for surging AI demand to offset the impact of U.S. restrictions on high-tech sales to China.

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...

Nvidia revenues soar as it warns of sales hit in China from US chip curbs

The semiconductor giant expects sales to China and other US-restricted destinations to ‘decline significantly’ in the fourth quarter.