Nvidia’s rising star gets even brighter with another stellar quarter propelled by sales of AI chips
SAN FRANCISCO: Computer chip maker Nvidia has rocketed into the constellation of Big Tech’s brightest stars while riding the artificial intelligence craze that’s fueling red-hot demand for its technology.
The latest evidence of Nvidia’s ascendance emerged with Wednesday’s release of the company’s quarterly earnings report. The results covering the May-July period exceeded Nvidia’s projections for astronomical sales growth propelled by the company’s specialized chips – key components that help power different forms of artificial intelligence such as Open AI’s popular ChatGPT and Google’s Bard chatbots.