The chipmaker, now the most valuable public company in the world, said strong demand for its chips should continue this quarter.

The US chip giant is considered a bellwether for both the AI industry and Wall Street.

The chipmaker, now the most valuable public company in the world, said strong demand for its chips should continue this quarter.

US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped.

Nvidia saw a 56% jump in revenue for the second quarter, nearly all of it from its rapidly expanding data centers business, driven by demand for its AI chips.

Nvidia is a fast-growing and highly profitable enterprise. But that may not be enough to reward investors from here.