Reported about 14 hours ago
Nvidia's data center revenue surged due to significant investments from major tech companies in artificial intelligence, making up nearly half of its $41 billion earnings last quarter. However, analysts caution that an eventual slowdown in capital expenditures from these tech giants could pose risks, especially as a recent report revealed many companies are struggling to see returns from their AI investments. Despite current strong demand for Nvidia's AI chips, concerns linger about future spending in the sector.
Source: YAHOO