Nvidia posts record revenue of $81bn thanks to AI chip boom

Nvidia has recorded an unprecedented quarterly revenue of $81.6 billion (€70.2 billion). This figure represents a massive increase of 85% compared to the previous year and a 20% rise on the previous quarter. The Santa Clara-based company also saw its net profit rise to $58.3 billion (€50.1 billion), a spectacular increase from the $18.8 billion [&hellip The post Nvidia posts record revenue of $81bn thanks to AI chip boom appeared first on TechCentral.ie.