Nvidia
Nvidia shares hit a new peak after forecasts showed strong demand for AI chips
Nvidia caused a stir in the tech market when its stock price jumped more than 9% on Thursday after reporting profits that beat Wall Street forecasts. This shows that demand for its artificial intelligence (AI) chips remains extremely strong. The company’s data center revenue increased by 427% last quarter. Nvidia stock price surpassed the $1,000 […]
Nvidia is committed to launching new AI chips every year
Nvidia just made a profit of $14 billion in just one quarter thanks to AI chips, and this growth momentum will continue. According to CEO Jensen Huang, Nvidia will design new chips every year instead of every two years like before. During the Q1 2025 earnings call , Mr. Huang stated: “I can announce that […]
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