The chip giant’s shares have risen by more than 200% in the last year, driven by the AI boom.
Technology giant Nvidia has posted record revenues thanks to booming demand for its artificial intelligence (AI) chips and data centre business.
The chip maker’s revenues for the most recent quarter surged by 265% to $22bn (£17.4bn) from a year earlier.
«Accelerated computing and generative AI have hit the tipping point,» the firm’s co-founder and chief executive Jensen Huang said in a statement.
