Similar Stories to Nvidia Ceo Says Ai Has Hit A ‘tipping Point’ As Revenue And Profit Soar on Bing News

SANTA CLARA, Calif. — Nvidia Corp., which has seen its value skyrocket over the past year thanks to soaring demand for its graphics chips used for artificial intelligence, posted stronger-than-expected results Wednesday for its latest quarter, with its revenue more than tripling from a year earlier. Nvidia reported revenue for its fiscal fourth quarter that ended Jan.

BING NEWS:
  • TSMC third-quarter profit seen jumping 40% on strong AI chip demand
    Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to ...
    10/13/2024 - 8:02 pm | View Link
  • It will be awhile before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.
    A report from The Information said that while OpenAI was burning less cash than previously thought, it's still years away from turning a profit.
    10/11/2024 - 12:25 am | View Link
  • Nvidia CEO Jensen Huang addresses the big question on investors’ minds
    One big question for Nvidia Corp. investors these days: Can artificial intelligence generate enough revenue to justify heavy past and future spending on graphics processing units and other AI ...
    09/11/2024 - 11:13 am | View Link
  • Nvidia Tops Expectations Again After Reporting Record Revenues
    Net income totaled $16.5 billion in its latest quarter, signaling another profit record for Nvidia ... and raked in a record $26.3 billion in revenue, marking a 154% year-over-year increase.
    08/28/2024 - 9:41 am | View Link
  • Money blog: The rise of 'forever games'
    Gen Z and younger have very different reasons why they play video games compared with the older generations - and it's having a big financial impact on them and the industry. Leave your thoughts on ...
    12/31/2000 - 11:00 am | View Link
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