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NVIDIA'S PROFIT SOARS.UNDERSCORING ITS DOMINANCE IN CHIPS FOR ARTIFICIAL INTELLIGENCE
Techlife News
|May 25, 2024
Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom.
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Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter that ended April 28 from $2.04 billion a year earlier. Revenue more than tripled, rising to $26.04 billion from $7.19 billion in the previous year.
“The next industrial revolution has begun," CEO Jensen Huang declared on a conference call with analysts. Huang predicted that the companies
Diese Geschichte stammt aus der May 25, 2024-Ausgabe von Techlife News.
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