Nvidia’s revenue nearly doubles as AI chip demand remains strong

Nvidia reported a strong quarter of revenue growth, with revenue nearly doubling to $35.1bn, driven by high demand for AI infrastructure. The company’s latest generation of chips, Blackwell, is exceeding sales expectations, despite concerns about overheating and supply chain constraints. Data centre revenue, fueled by companies like Microsoft and Google, saw a 112% increase, contributing to Nvidia’s market value of $3.6tn and its significant impact on the tech market.

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