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Goldman Sachs CEO offers surprising new take on U.S. economy●Softbank's SB Energy files for IPO, says it's 'substantially dependent' on OpenAI●Crypto enters September with legislative policy gamble hanging by a thread●Copper price stalls short of record as Chile’s storm-hit output slumps to 2011 low●Boris Vujčić: Household expectations and monetary policy: The importance of high-quality surveys and evidence-based research●Food Inflation Jumps as Higher Energy Costs Hit UK Retailers●Sundar Pichai Says Alphabet's AI Overviews Now Reach 2.5 Billion Monthly Users as Ad Revenue Hit $82 Billion. Does That Scale Justify Spending Up to $205 Billion on AI Infrastructure This Year?●We're exiting a data center stock to protect big gains as the AI trade hits a rough patch●Goldman Sachs CEO offers surprising new take on U.S. economy●Softbank's SB Energy files for IPO, says it's 'substantially dependent' on OpenAI●Crypto enters September with legislative policy gamble hanging by a thread●Copper price stalls short of record as Chile’s storm-hit output slumps to 2011 low●Boris Vujčić: Household expectations and monetary policy: The importance of high-quality surveys and evidence-based research●Food Inflation Jumps as Higher Energy Costs Hit UK Retailers●Sundar Pichai Says Alphabet's AI Overviews Now Reach 2.5 Billion Monthly Users as Ad Revenue Hit $82 Billion. Does That Scale Justify Spending Up to $205 Billion on AI Infrastructure This Year?●We're exiting a data center stock to protect big gains as the AI trade hits a rough patch●

Front Page

Nvidia’s quarterly revenue doubles to nearly $100bn as CEO declares ‘golden age’

Business | The Guardian · 5d ago · 🇺🇸 United States

Nvidia’s quarterly revenue doubles to nearly $100bn as CEO declares ‘golden age’

The $5tn firm beat Wall Street expectations for yet another blockbuster quarter, though the stock made only modest gains Nvidia announced on Wednesday that its quarterly revenue had doubled in a year to nearly $100bn. Jensen Huang, the founder and CEO, jubilantly declared that demand is accelerating as the AI industry had reached a “golden age”. The chipmaker, the most valuable company in the world with a $5tn market cap, brought in $96.2bn in revenue, beating Wall Street expectations of $92bn in the second quarter. That’s 106% more than the company saw in revenue this time last year. The comp

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