Nvidia just completed its historic first fiscal quarter. An American company has tripled its turnover or more thanks to artificial intelligence.
The world’s number one graphics processor continues to benefit from the boom in artificial intelligence. Data center activity increased by more than 400% compared to last year. If Nvidia recorded record revenues for its AI chips, thanks to ” immediate and solid return on investment » for customers.
The Californian company based in Santa Clara is not experiencing a crisis. Wednesday, Colette Kress he must have had a smile when he presented financial results to investors.
The financial director highlighted the huge success of her chips. Customers spend billions of dollars in them to make money thanks to AI.
Suppliers cloud as the biggest customers
Its activity related to data centers thus experienced a historical increase of 427% in the last quarter. Its customers continue to be supplied en masse artificial intelligence processors.
American cloud giants make up its main customer base. Indeed, Nvidia delivers Amazon, Google, Microsoft AND Oracle in AI chips. They source graphics processors from the world’s number one outfitter data centers.
On the other hand, these cloud service providers represent about 40% of sales of the Santa Clara Company. That was the amount 22.56 billion dollars in April.
Fast and sustainable return on investment, the reason for Nvidia’s success
The rise of artificial intelligence favored the creation GPU-accelerated data centers. The latter are essential for training large language models such as GPT fromOpenAI.
This is particularly the case CoreWeave supplied by Nvidia. The startup buys graphics processors and then rents them out. She collects the rent H100 chip for more than four dollars an hour.
Nvidia products offer ” immediate and lasting return on investment This, according to the financial director, is the reason for this sales explosion.
Furthermore, artificial intelligence is still in its infancy. early stages of development. The California manufacturer may have room for improvement.
No slowdown in the forecast
Almost the entire artificial intelligence industry is looking to Nvidia GPUs. President of the Company’s Management Board, Jensen Huangcited names like OpenAI, anthropic or even Google during a presentation to investors.
Another revelation is the number of start-ups lining up for GPUs from the California manufacturer. There would be 20,000 of them according to the head of the company.
Furthermore, American tech and digital giants – outside of the cloud sector – are interested in the chips of the world leader in GPUs. There are special ones Target.
A group that owns a social network Facebookpredicts billions invested in 350,000 Nvidia processors. Remember that the Meta needs these chips for the development of own artificial intelligence solutions.
On the other hand, Nvidia is preparing the launch its next flagship GPU, the so-called Blackwell. This new chip should arrive in the fourth fiscal quarter. Let’s highlight ia 6% increase of their actions after the publication of financial results.
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