Nvidia Posts Record $68B Quarter as AI Demand Explodes

[cryptoenthusiast]

Nvidia reported record quarterly revenue of $68 billion, up 73% year over year, as demand for AI compute continues to surge globally. An overwhelming $62 billion of that came from its data center division, including $51 billion in compute revenue — primarily GPUs — and $11 billion from networking products such as NVLink. For the full fiscal year, Nvidia generated a staggering $215 billion in revenue, further cementing its dominance in the AI hardware race.

CEO Jensen Huang said demand for AI tokens has grown “completely exponential,” noting that even six-year-old GPUs in cloud environments are fully utilized, with pricing on the rise. Despite the recent easing of U.S. export restrictions, Nvidia reported no revenue from chip exports to China, with CFO Colette Kress cautioning that approved shipments of H200 chips have yet to translate into sales.

[JanEmil]

Insane. Will it ever stop?

[lingriiddd]

nvidia making $68b in a quarter while my pc still struggles to run minecraft with shaders is a personal attack