The company's revenue increased by 262% to a record $26 billion. Nvidia is trying to leave competitors in the AI field far behind
Significantly increased demand for AI accelerators from Google, Microsoft, Amazon and other technology giants has literally made Nvidia rich.
Quarterly sales revenue data centers grew by 427% to $22.6 billion.
The company's operating profit increased by 690% to $16.9 billion.
The company's revenue grew by 262%, reaching a record 26 billion US dollars and exceeding even Nvidia's wildest expectations. Nvidia CEO Jensen Huang also cheered investors by announcing that unprecedented revenue growth will continue with the launch of a new line of Blackwell chips.
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Image credit: Nvidia. Image source: Nvidia