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Nvidia Posts Record $96bn Quarter as AI Chip Demand Surges

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Nvidia has reported a quarter in which its revenue reached $96 billion, doubling compared to the previous year. The results surpassed analyst forecasts, reflecting the sustained and growing appetite for AI-related hardware. The chipmaker continues to be a primary beneficiary of the global boom in artificial intelligence infrastructure investment. Strong demand for its processors, widely used in training and running AI models, has been the key driver of the exceptional financial performance.

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Nvidia Posts Record $96bn Quarter as AI Chip Demand Surges · ShortSingh