{"id":13427,"date":"2024-02-21T22:37:29","date_gmt":"2024-02-21T21:37:29","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/02\/21\/nvidia-reports-enormous-revenue-as-ai-hits-a-tipping-point\/"},"modified":"2024-02-21T22:37:29","modified_gmt":"2024-02-21T21:37:29","slug":"nvidia-reports-enormous-revenue-as-ai-hits-a-tipping-point","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/02\/21\/nvidia-reports-enormous-revenue-as-ai-hits-a-tipping-point\/","title":{"rendered":"Nvidia reports enormous revenue as AI hits a tipping point"},"content":{"rendered":"<p>Revenue at artificial intelligence chipmaker up more than 250% as CEO says \u2018demand is surging worldwide\u2019<\/p>\n<p>The artificial intelligence boom is pushing demand for Nvidia\u2019s products past Wall Street\u2019s already lofty expectations.<\/p>\n<p>The chipmaker beat analyst expectations on Wednesday by leaps and bounds when it reported fourth-quarter earnings, posting $22.1bn in revenue on an expected $20.55bn and $4.93 in earnings per share against an expected $4.64. Revenue was 22% higher than the previous quarter, up 265% from a year ago. Nvidia\u2019s most closely watched earnings figure \u2013 revenue from data centers \u2013 was up more than 400% from the same period last year, reaching $18.4bn.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/21\/nvidia-revenue-ai-artifiical-intelligence\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e0e2dcffd0da5e1ec3431e7616b5c23806d1a24e\/0_0_2819_1692\/master\/2819.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=8110849a4b6e3096dcb200bfe6a2e3bd\" title=\"Nvidia reports enormous revenue as AI hits a tipping point\" \/>Revenue at artificial intelligence chipmaker up more than 250% as CEO says \u2018demand is surging worldwide\u2019<br \/>\nThe artificial intelligence boom is pushing demand for Nvidia\u2019s products past Wall Street\u2019s already lofty expectations.<br \/>\nThe chipmaker beat analyst expectations on Wednesday by leaps and bounds when it reported fourth-quarter earnings, posting $22.1bn in revenue on an expected $20.55bn and $4.93 in earnings per share against an expected $4.64. Revenue was 22% higher than the previous quarter, up 265% from a year ago. Nvidia\u2019s most closely watched earnings figure \u2013 revenue from data centers \u2013 was up more than 400% from the same period last year, reaching $18.4bn. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue at artificial intelligence chipmaker up more than 250% as CEO says \u2018demand is surging worldwide\u2019 The artificial intelligence boom is pushing demand for Nvidia\u2019s products past Wall Street\u2019s already lofty expectations. The chipmaker beat analyst expectations on Wednesday by leaps and bounds when it reported fourth-quarter earnings, posting $22.1bn in revenue on an expected &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/02\/21\/nvidia-reports-enormous-revenue-as-ai-hits-a-tipping-point\/\"> <span class=\"screen-reader-text\">Nvidia reports enormous revenue as AI hits a tipping point<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13428,"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\/13427"}],"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=13427"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13428"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13427"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}