Nvidia reports quarterly revenue, says new AI chips are on the way

Nvidia reports quarterly revenue, says new AI chips are on the way

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NVIDIA has experienced significant financial growth, with a 15% increase from the previous quarter and a 122% rise in stock value over the past year. Despite a slight dip in stock price, NVIDIA exceeded earnings expectations with $0.68 per share and $30 billion in revenue. The company plans to ship next-generation Blackwell chips by the end of 2024, further solidifying its position as a leader in AI technology. NVIDIA's influence on the market is substantial, contributing to a $3 trillion valuation and impacting various AI tools like ChatGPT and Tesla's auto-driving features.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in NVIDIA's stock price from the previous year?

122%

15%

2.1%

68%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much revenue did NVIDIA report, and how did it compare to the estimate?

$30 billion, exceeding the estimate

$28 billion, matching the estimate

$16 billion, below the estimate

$27 billion, slightly below the estimate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of NVIDIA's Blackwell chip technology?

It will decrease NVIDIA's market share

It will replace existing NVIDIA chips

It is expected to boost NVIDIA's market presence

It will have no significant impact

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What portion of the S&P 500's gain is attributed to NVIDIA?

1/3

1/2

1/5

1/4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which AI tools utilize NVIDIA's chips?

Amazon Alexa and Google Home

Microsoft Word and Excel

ChatGPT and Google's Gemini

Adobe Photoshop and Illustrator