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

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.

What percentage did NVIDIA's stock climb from a year ago?

What was NVIDIA's adjusted earnings per share announced during the earnings call?

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

What future plans did NVIDIA announce regarding their next-generation chip technology?

What is the significance of NVIDIA's AI chips in the current technology landscape?