Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
Source: New York Times
When Nvidia lost $600 billion in market value in a single day last month, it was because some investors feared for the future of the artificial intelligence chipmaker. DeepSeek, a Chinese start-up, said it had made its A.I. systems with a small fraction of the A.I. chips used by other companies, and at a small fraction of the cost.On Wednesday, Nvidia showed those fears were overblown, even as the breakneck pace…
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