Nvidia posts $58 billion in earnings fueled by massive demand in AI chips – Flapraze.buzz

Nvidia posts $58 billion in earnings fueled by massive demand in AI chips

Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items,

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