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Dubai News Club > Tech > Nvidia just made $6 billion in pure profit over the AI boom
Tech

Nvidia just made $6 billion in pure profit over the AI boom

Press Room
Last updated: 2023/08/23
Press Room
Published: August 23, 2023
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The company raked in $13.5 billion in revenue since May, it revealed in its Q2 2024 earnings, with the unprecedented demand for its generative AI chips blowing past any difficulty it might have had selling desktop and laptop GPUs into a shrinking PC industry. Data center accounted for a record $10.32 billion of that revenue, more than doubling in just one quarter, and Nvidia made $6.188 billion in profit as a result — up 843 percent year over year. And while gaming is more than a billion…

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