Meteorologia

  • 23 NOVEMBER 2024
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MIN 13º MÁX 22º

Nvidia generated 24 billion euros in the first three months of 2024

This represents an increase of 262% compared to the same period last year.

Nvidia generated 24 billion euros in the first three months of 2024
Notícias ao Minuto

08:59 - 23/05/24 por Miguel Patinha Dias

Tech Nvidia

Nvidia shared its financial results for the first quarter of 2024, indicating that it managed to achieve a revenue of 26 billion dollars - the equivalent of 24 billion euros.

This amount represents an 18% growth compared to the previous quarter and, regarding the same period last year, a 262% increase. Nvidia's success is mainly due to the demand for chips to develop Artificial Intelligence (AI), with the models produced by Nvidia being considered the best in the industry.

Nvidia's CEO, Jensen Huang, took the opportunity to express his satisfaction with the results achieved and stated that "the next industrial revolution has begun".

"AI will bring significant productivity gains to nearly every industry and help businesses become more cost-efficient while expanding revenue opportunities", noted Huang.

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