Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam

kept by eddie may 21

Nvidia reported $58.3 billion profit in its latest quarter, a 211% year-over-year increase, driven by surging demand from big tech companies for A.I. chips.

Nvidia Earnings Show Profit Jumped 65% to $31.9 Billion - The New York Times
Nvidia reported a 65% profit increase to $31.9 billion and revenue of $57 billion in its latest quarter, driven by AI chip demand.
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Tencent’s Revenue Miss Heightens Pressure for Faster AI Payoff
Tencent posted its weakest revenue growth in six quarters, rising 9% to 196.5 billion yuan, intensifying investor demands for faster returns from AI.
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