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AI News from ET - Nvidia posts record $81.6 bn quarterly revenue on AI spending boom

Vishwadeep Khatri
in AI News & Two Lenses

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Chip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand for its artificial intelligence hardware powered another blockbuster quarter. Demand for Nvidia products seems insatiable despite recurring talk on Wall Street that the AI spending spree could come to a halt.

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