Tag: Data center
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Nvidia Reaches $1 Trillion Market Value Due to Growth in ChatGPT & AI
Nvidia reaches a $1tn market value and becomes the first chipmaker to do so. The demand for its AI chips has driven the surge, with growth expected to continue.
Is Nvidia the Only AI Stock Worthy of Investment?
Nvidia is a tech company that is driving the future of AI. Their impressive first quarter performance and record-breaking data center revenue are a testament to the success they're having in leading the AI revolution. Invest in Nvidia and gain exposure to the lucrative AI sector.
Nvidia Achieves Revenue of $7.19B in Latest Quarter, Down 13% From Previous Year
Nvidia, the world's leading AI and graphics chip manufacturer reported revenue of $7.19 billion for its first fiscal quarter ended April 30. This is 13% lower than the previous year, but higher than predicted. Their data center revenue for Q1 was a record high of $4.28 billion, showing signs of recovery. The GeForce RTX family of GPUs was welcomed with Ada Lovelace architecture and DLSS, starting at $299. They also added 36 DLSS powered gaming titles to GeForce Now, bringing the total to over 1,600.