A start-up driving the artificial intelligence revolution may be in turmoil, but the semiconductor supplier propelling its innovations seems to be getting only stronger.
On Tuesday, Nvidia continued its string of blistering quarterly earnings reports, driven by stellar sales for A.I.
Microsoft uses thousands of those chips to handle calculations for OpenAI, the generative A.I.
Nvidia said revenue for its third quarter, which ended in October, tripled from a year earlier to $18.1 billion, while profit surged nearly fourteenfold, to $9.2 billion.
The sales figure was nearly $2 billion higher than the company had predicted in August and much higher than analysts expected.
Persons:
Sam Altman
Organizations:
Nvidia, Microsoft