Nvidia is booming — but the UK government and others are keeping a very close eye on chip giant, here's why
Nvidia's grip on the AI chip market has attracted attention from regulators
Stay updated with breaking news from Your Data Center. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nvidia's grip on the AI chip market has attracted attention from regulators
Looking for the latest GovCon News? Check out our story: NVIDIA Revenue Climbs 126% to $60.9B in Fiscal 2024; Jensen Huang Quoted. Click to read more!
NVIDIA stock was up by about 15% on Thursday to around $777 per share after the company beat earnings estimates.
Nvidia on Wednesday said its profit soared to $12.3 billion in the recently ended quarter on record high revenue driven by demand for its chips to power artificial intelligence.The Silicon Valley chip titan reported record revenue of $22.1 billion in the quarter than ended late January and record high revenue of $60.9 billion for the fiscal year.
Record quarterly revenue of $22.1 billion, up 22% from Q3, up 265% from year ago Record quarterly Data Center revenue of $18.4 billion, up 27% from Q3, up...