Nvidia reports record Q3 results driven by surging demand for AI

Nvidia reported record revenue today for its third fiscal quarter of fiscal 2024 (ending October 31, 2023), beating Wall Street’s expectations. The graphics processing unit (GPU) and AI chip company reported record Q3 revenue of $18.2 billion, up 206% year-over-year and 34% sequentially. Nvidia’s data center segment grew 279% annually and 41% sequentially to $14.51 […]

ai ai chip billion business business & industrial business news center chip computer hardware computers & electronics data data center demand gamesbeat gaming business gaming hardware gpu graphics graphics processing unit jensen huang nvidia processing q3 results q3 revenue reports revenue segment street wall street