Record sales of artificial intelligence chips sent Nvidia’s revenue soaring 262 per cent in the past quarter, beating lofty expectations, and its chief executive said its blockbuster growth was set to continue this year with the launch of a new line of chips.
Jensen Huang told investors the company would see “a lot” of revenue from its new Blackwell chips this year as it profits from exploding demand for the computing power behind generative AI.
Blackwell will contribute to a new phase of growth for the company, Huang said, adding that Nvidia would continue rolling out newer, more powerful chips at the same pace. “After Blackwell, there’s another chip, and we are on a one-year rhythm,” he said.
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