Nvidia's Revenue Surges 85% Year-on-Year to $81.6 Billion

US-based chipmaker Nvidia has announced its latest quarterly financial results. The company's revenue rose 85% compared to the same period last year, reaching $81.6 billion. This growth reflects strong momentum in demand for artificial intelligence and data centers. The California-based tech giant significantly boosted its revenue, driven by increased demand for AI chips and graphics processing units. The company's performance this quarter has solidified its leadership position in the industry. Analysts predict that Nvidia's growth rate has exceeded expectations and that the company will continue to expand through investments in AI in the coming period. However, uncertainties in the global chip supply chain and competitive pressures remain among the risks the company faces. Nvidia's stock was well-received in the markets following the strong earnings report. The company's net profit also rose in line with revenue growth. This is not investment advice.