Nvidia's AI chip demand still booming but slowing sales growth worries investors
By Max A. Cherney, Arsheeya Bajwa and Stephen Nellis SAN FRANCISCO (Reuters) - Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world's most valuable firm.
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Nvidia’s Sales Soar as AI Spending Boom Barrels Ahead
Nvidia’s sales surged in its latest quarter and profits nearly doubled, a sign of the strength of an artificial intelligence boom that has made the company the world’s most valuable. Nvidia on Wednesday also projected around $37.
Nvidia crushes expectations, reporting a 94% increase in revenue as AI demand booms
Revenues for the quarter were $35.1 billion, up 94% from a year ago and a 17% increase from the previous quarter. Profits were $19.3 billion, an increase of 109% from the same time last year. Gross margins dipped slightly to 74.
Chipmaker Nvidia nearly doubles revenue as demand for AI chips stays high
Chipmaker Nvidia nearly doubled revenue with demand for their powerful artificial intelligence chip maintaining rapid growth. Editor-in-chief at Investopedia, Caleb Silver, details what it means for the tech and AI industry.
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