In the long-running "AI boom", the competition to launch big models, AI applications, have further pushed up the frenzied demand for computing power, which also allows the chip giant Nvidia to earn hemp. Early Thursday morning, the global AI computing power leader Nvidia released its financial results for the first quarter of fiscal year 2024 (hereinafter referred to as a quarterly report), showing that total revenue was significantly higher than expected, with revenue guidance for the quarter well above market expectations. And the bright figures that dazzled the market also triggered a surge in stock prices after the bell.
AI chips are selling out! NVIDIA reports fiscal year 2024 first quarter earnings
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