News Nvidia's quarterly earnings explode by 206% year-over-year, hit $18.1 billion on AI frenzy

[Admin]

Nvidia's datacenter revenue nearly quadruples year-over-year on demand for AI and HPC GPUs, whereas gaming revenue nearly doubles as Ada Lovelace ramps.

Nvidia's quarterly earnings explode by 206% year-over-year, hit $18.1 billion on AI frenzy : Read more

 

[vanadiel007]

Clearly AI is taking over the world, starting with Nvidia. Skynet is coming.

 

[gg83]

Clearly AI is taking over the world, starting with Nvidia. Skynet is coming.

The race is on. The stock market and crypto will just have a bunch of AI trading all over the place.

 

[gg83]

Also, what company on earth should make close to 60-70% profit?

 

[RedBear87]

For the record, Nvidia expects a steep drop in its China revenues because of you-know-who (pro-tip: steps are his n°1 enemy, I won't say more).

Nvidia outlook beats expectations but China worries linger

Chip designer Nvidia said on Tuesday it expects a steep drop in fourth-quarter sales in China - a key revenue generator - in the wake of new U.S. rules, but forecast overall revenue above Wall Street targets as supply-chain issues ease.

www.reuters.com

 

[Alvar "Miles" Udell]

And that's why RTX cards are so insane, they don't need to sell a single one.

 

[edzieba]

For the record, Nvidia expects a steep drop in its China revenues because of you-know-who (pro-tip: steps are his n°1 enemy, I won't say more).

Nvidia outlook beats expectations but China worries linger

Chip designer Nvidia said on Tuesday it expects a steep drop in fourth-quarter sales in China - a key revenue generator - in the wake of new U.S. rules, but forecast overall revenue above Wall Street targets as supply-chain issues ease.

www.reuters.com

Why would the Daleks be in control of US-China trade restrictions?