Nvidia, Powered by A.I. Boom, Reports Soaring Revenue and Profits
Source: New York Times
Nvidia, which makes microchips that power most artificial intelligence applications, began an extraordinary run a year ago.Fueled by an explosion of interest in A.I., the Silicon Valley company said last May that it expected its chip sales to go through the roof. They did — and the fervor didn’t stop, with Nvidia raising its revenue projections every few months. Its stock soared, driving the company to a more…
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