Nvidia reports 122% revenue growth on surging demand for data center chips

Published: Aug 28, 2024 Duration: 00:01:09 Category: Entertainment

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nvidia's earnings report just dropped and it's a GameChanger stick around to find out why nvidia's Revenue surged by a jaw-dropping 122% year-over-year what's driving this massive growth it's their AI chips specifically the data center chips like the h100 and h200 these chips are powering everything from cloud services to open AI chat GPT in the last year their Data Center business alone grew by an astonishing 154% bringing in$ 26.3 billion that's 88% of nvidia's total sales major players like Microsoft alphabet meta and Tesla are all on board leveraging nvidia's AI technology this isn't just a fluke nvidia's strategic focus on the AI Market is propelling them to new heights as AI continues to revolutionize Industries Nvidia is perfectly positioned to ride this wave of innovation so if you're wondering how Nvidia is crushing it look no further than their Cutting Edge AI chips stay tuned for more updates in the world of tech

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