Nvidia Q2 2024: $6 billion in pure profit over the AI boom - The Verge

TL;DR

Nvidia is forecasting revenue of $16 billion next quarter, yet another leap due to AI. Both AMD and Intel are also at least temporarily trying to downplay the importance of putting those AI chips into servers in the cloud, with both their chief executives promising to put AI features in client chips as well. Or, as Intel CEO Pat Gelsinger put it: “build AI into every platform we build

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