Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Planning to attend 43rd annual Ford Holiday River Parade? Here’s what you need to knowMeet Oakland Estates’ local treasure and champion of preservationMake household chores easier and more with these Insider DealsGive your favorite hiker an audio upgrade they can bring on the trailsFILE - A sign to a Nvidia office building is shown in Santa Clara, Calif., on Aug. 7, 2024.
Wall Street analysts had been expecting adjusted earnings of 75 cents a share on revenue of $33.17 billion, according to FactSet. “The age of AI is in full steam, propelling a global shift to Nvidia computing,” Jensen Huang, founder and CEO of Nvidia, said in a statement. , as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems.
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