Nvidia’s CEO declares AI has reached a “tipping point” as the company achieves record-breaking sales, with revenues surging by 265% to $22 billion in just three months.
The tech giant’s annual turnover also more than doubled to $60.9 billion, signaling widespread demand for accelerated computing and generative AI across industries and nations.
Despite facing challenges such as supply chain constraints and tightening trade restrictions, Nvidia remains poised for growth, with its data center business driving the majority of its recent revenues.
Analysts highlight the mainstream adoption of AI and Nvidia’s significant role in this transformation, emphasizing the company’s remarkable performance and its potential to shape the future of technology and AI-driven innovations.
