News

World

Audio News

Fews App News List News List

Chip titan Nvidia posts record $68B in sales in latest quarter despite AI bubble worries

Chip
New York Post Fews App News Provider
Fews App Post Time 22h ago

Nvidia on Wednesday posted $68 billion in sales in its fiscal fourth quarter, a 20% jump that beat analyst expectations and helped quiet the drumbeat about a looming artificial-intelligence bubble. “Computing demand is growing exponentially,” CEO Jensen Huang said on an earnings call, adding that “the agentic AI inflection point has arrived. ” He added that partnerships with tech leaders including Anthropic, Meta and OpenAI have been tailwinds for his company, which he co-founded in 1993 and has seen a meteoric rise in the AI era.

Go to Source
Related News
Fews App Loading
Login
Facebook Login
Twitter Login
Google Plus Login
Thank you for subscribing our newsletter
Your email has already been added to our subscibers list
Invalid email