AI fuels profits surge for tech giant Nvidia
Daily Express|August 26, 2024
TECHNOLOGY giant Nvidia is set to reveal another surge in profits on the back of doubling revenues as it benefits from the rapid adoption of generative artificial intelligence.
- Henry Saker-Clark
AI fuels profits surge for tech giant Nvidia

The chip firm, the second largest listed company in the world behind Microsoft, has seen its share price rise over 160% so far this year as investors banked on continued growth for its AI and data centre businesses.

On Wednesday, Nvidia - founded by boss Jensen Huang in 1993 - will update shareholders and analysts over its trading performance for its second quarter to the end of July.

They will be hoping for another blockbuster set of results after the firm delivered a strong first quarter.

Revenues shot up 262% to $26billion (£20bn) in the quarter to April, rising beyond the industry forecasts laid out in its previous update.

この蚘事は Daily Express の August 26, 2024 版に掲茉されおいたす。

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この蚘事は Daily Express の August 26, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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