US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped.
US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped.
By John Power
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Chip giant Nvidia has set a new sales record, a sign that demand for artificial intelligence remains strong despite fears that the technology may be overhyped.
Nvidia, the world’s most valuable company, on Wednesday reported revenue of $46.74bn for the three months that ended in July, a rise of 56 percent year-on-year.
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