AI chip giant Nvidia reports blockbuster revenue
Taiwan
NEW YORK Nvidia said it finished its fiscal year with record high revenue of $130.5 billion, driven by demand for its chips to power artificial intelligence in data centers. The California-based juggernaut reported a net income of $22 billion on an unprecedented $39.3 billion in revenue in a blockbuster fourth quarter that ended in late January. The earnings figures appeared to calm investor concerns that import tariffs and the surprise debut of lower-cost AI model DeepSeek from China signal
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