Reported about 9 hours ago
Nvidia reported impressive third-quarter results, with revenues reaching $35.08 billion, up 94% from last year, and profits more than doubling. The demand for AI chips, particularly the upcoming Blackwell graphics processors, remains strong, with expected fourth-quarter revenues of around $37.5 billion. Analysts note that the appetite for these chips highlights Nvidia's pivotal role in the AI industry, with ongoing production constraints expected to drive significant demand in the upcoming quarters.
Source: YAHOO