Reported 5 months ago
Nvidia CEO Jensen Huang reported strong Q1 results with revenue up 262% to $26 billion, led by the Data Center unit's 427% growth to $22.6 billion. Despite concerns about customers waiting for the upcoming Blackwell platform, Huang stated in an interview that demand for Nvidia's Hopper products is strong, especially for data center deployment. He highlighted the importance and complexity of AI inference, indicating Nvidia's competitive advantage in this area. Additionally, Huang discussed how automakers like Tesla are utilizing Nvidia's products for autonomous vehicles. The article also mentions Nvidia's 10-for-1 stock split and dividend hike.
Source: YAHOO