AI News: Nvidia’s Record Earnings Driven By AI Chip Demand

AI Unicorn News - November 21, 2024

Nvidia reports a record $35.1 billion in third-quarter revenue, driven by the high demand for its new AI chip, Blackwell. Despite surpassing earnings estimates, concerns over profit margins and geopolitical factors have led to a slight dip in share prices.

Sources
https://www.wired.com/story/nvidia-earnings-blackwell-chips-overheating/
https://finance.yahoo.com/news/nvidia-crushes-earnings-expectations-ai-221358221.html

Outline
(00:00:00) Introduction
(00:00:27) Nvidia Reports Record Earnings Amid AI Chip Demand

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