BBCNEWS The Context June 4, 2024 19:18:00
The share price of the chip designer nvidia is soaring. the company reported $13 billion in revenue yesterday for its second quarter of 2023. that is up 88% from the previous quarter, well ahead of the $11 billion that analysts were expecting. sales were more than double those from the same quarter a year ago. nvidia's chips are the specialised processors that are fine—tuned to accelerate the calculations that drive chatgpt and the other generative ai applications. and it only further confirms that we are at the beginning of something really big. if you were to go back in time to the early 1...