Nvidia revenue soars 106%, beats expectations as AI chips stay in high demand
(NEW YORK) -- Nvidia surpassed Wall Street expectations for revenue over a recent three-month period, the company said on Wednesday, demonstrating strong performance as a data center boom drives demand for the company's advanced artificial intelligence chips.The California-based company recorded $96.2 billion in sales over three months ending in July, which beat a Bloomberg forecast of $92 billion. The jump in revenue marked 106% growth compared to the same quarter a year earlier.In recent […]