Reported 5 months ago
Nvidia's first-quarter results exceeded expectations, with CEO Jensen Huang highlighting strong global demand for their products, including data center chips and GPUs. The company also announced a 10-for-1 stock split. Demand for Nvidia's products is expanding beyond hyperscalers like Amazon and Microsoft to industries like healthcare. Despite concerns about competition and potential growth challenges, the company's record revenue and focus on inference use cases for their chips are generating positive outlooks.
Source: YAHOO