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Nvidia shows no signs of AI slowdown after over 400% increase in data center business [CNBC]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Now Nvidia is signaling to investors that the customers spending billions of dollars on its chips will be able to make money off AI, too. It's a concern that's been swirling around the company because there's only so much cash clients can burn on infrastructure before they need to see some profit. If Nvidia's chips can provide a strong and sustainable return on investment, that suggests the AI boom may have room to run as it moves past the early stages of development, and as companies plan for longer-term projects. Nvidia's most important clients for its graphics processing units (GPUs) are the big cloud providers — Amazon Web Services, Microsoft Azure, Google Cloud, and Oracle Cloud. They comprised “mid-40%” of Nvidia's $22.56 billion in data center sales in the April quarter, the company said. There's also a newer crop of specialized GPU data center startups that buy Nvidia's GPUs, install them in server racks, load them up in data centers, connect them to the internet, and t [Read more]
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Stockreport

Nvidia shows no signs of AI slowdown after over 400% increase in data center business [CNBC]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Now Nvidia is signaling to investors that the customers spending billions of dollars on its chips will be able to make money off AI, too. It's a concern that's been swirling around the company because there's only so much cash clients can burn on infrastructure before they need to see some profit. If Nvidia's chips can provide a strong and sustainable return on investment, that suggests the AI boom may have room to run as it moves past the early stages of development, and as companies plan for longer-term projects. Nvidia's most important clients for its graphics processing units (GPUs) are the big cloud providers — Amazon Web Services, Microsoft Azure, Google Cloud, and Oracle Cloud. They comprised “mid-40%” of Nvidia's $22.56 billion in data center sales in the April quarter, the company said. There's also a newer crop of specialized GPU data center startups that buy Nvidia's GPUs, install them in server racks, load them up in data centers, connect them to the internet, and t [Read more]
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GOOG
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Don't Miss Out On The Next BIG Stock Move
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LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
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TICKS
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EVENT DAY
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