Widespread demand for AI drives Nvidia’s revenue up by 265%
As media valuations plummet, AI and deep tech launches could restart the IPO market
by egusa
Widespread demand for AI drives Nvidia’s revenue up by 265%
As media valuations plummet, AI and deep tech launches could restart the IPO market
by egusa
2 comments
If there’s one company that has been able to sail through the recent economic crisis, it would be Nvidia.
Its latest [quarterly report](https://apnews.com/article/nvidia-ai-chips-jensen-huang-cf9f9b05335a2e5ccccdb3f7b3deb7b7) shattered even some of the most optimistic predictions with widespread demand for AI driving revenue up by a staggering 265%.
The graphics chips used for artificial intelligence have helped to generate $22.1 billion in just one quarter, tripling its revenue in a single year.
What a time to be part of that company!
I am right now in a mediocre place, which gave 2.8 increment, shitty bonus and no growth in sight.