Nvidia announces record revenues: “New era of computing has begun”


In the second quarter of the year and compared to the same period of 2022, they amounted to 13.5 billion dollars against 6.7 billion twelve months earlier. Profits, on the other hand, have gone from 656 million a year ago to just under 6.2 billion dollars

The revenues of Nvidia, the American giant of chips and Artificial Intelligence, are flying. This was reported by the same company in reference to its quarterly. In fact, figures in hand, more than doubled, in the second quarter of the year and compared to the same period of 2022, equal to 13.5 billion dollars against 6.7 billion twelve months earlier. Profits, on the other hand, have gone from 656 million a year ago to just under 6.2 billion dollars. These are numbers that exceeded analysts’ expectations. And Nvidia also expects sales to grow further to around $16 billion.

“A new information era has begun”

“A new information era has begun. Companies around the world are moving from general purpose computing to accelerated computing and generative AI,” said Jensen Huang, founder and CEO of Nvidia, commenting on the quarterly data. “During the quarter, major cloud service providers announced massive Nvidia H100 AI infrastructures. Leading enterprise IT systems and software vendors announced partnerships to bring Nvidia AI to every industry. Competition is on to adopt generative AI “, he later added.



Source-tg24.sky.it