{"id":11311,"date":"2023-08-24T13:38:01","date_gmt":"2023-08-24T11:38:01","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/08\/24\/why-did-chip-maker-nvidias-profits-soar-and-is-it-living-in-a-tech-bubble\/"},"modified":"2023-08-24T13:38:01","modified_gmt":"2023-08-24T11:38:01","slug":"why-did-chip-maker-nvidias-profits-soar-and-is-it-living-in-a-tech-bubble","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/08\/24\/why-did-chip-maker-nvidias-profits-soar-and-is-it-living-in-a-tech-bubble\/","title":{"rendered":"Why did chip-maker Nvidia\u2019s profits soar and is it living in a tech bubble?"},"content":{"rendered":"<p>Firm\u2019s relentless focus on AI paid off in spades, with analysts optimistic of further success<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2023\/aug\/24\/stock-markets-nvidia-computer-chips-generative-ai-jackson-hole-federal-reserve-ftse-100-business-live\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>The stock market darling on everyone\u2019s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology.<\/p>\n<p>On Thursday, the company <a href=\"https:\/\/www.theguardian.com\/business\/2023\/aug\/23\/chipmaker-nvidia-quarterly-report-135bn-revenue-1tn-valuation\">stunned Wall Street with results that blew the roof off analysts\u2019 expectations<\/a>, reporting $13.5bn in quarterly profits, $2bn higher than pundits had predicted.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/aug\/24\/why-did-chip-maker-nvidia-profits-soar-and-is-it-living-in-a-tech-bubble\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/afebddf4db7968ed2374daeae2ee234ad4add0d9\/0_153_3500_2100\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=573320a596d673c766275c02ab53555d\" title=\"Why did chip-maker Nvidia\u2019s profits soar and is it living in a tech bubble?\" \/>Firm\u2019s relentless focus on AI paid off in spades, with analysts optimistic of further success<br \/>\nBusiness live \u2013 latest updates<br \/>\nThe stock market darling on everyone\u2019s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology.<br \/>\nOn Thursday, the company stunned Wall Street with results that blew the roof off analysts\u2019 expectations, reporting $13.5bn in quarterly profits, $2bn higher than pundits had predicted. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Firm\u2019s relentless focus on AI paid off in spades, with analysts optimistic of further success Business live \u2013 latest updates The stock market darling on everyone\u2019s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology. On Thursday, the company stunned Wall Street &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/08\/24\/why-did-chip-maker-nvidias-profits-soar-and-is-it-living-in-a-tech-bubble\/\"> <span class=\"screen-reader-text\">Why did chip-maker Nvidia\u2019s profits soar and is it living in a tech bubble?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":11312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11311"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11311"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11312"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11311"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}