Nvidia Sees Explosive Surge In AI Chip Demand
Nvidia's quarterly profit hit $31.9 billion on record revenue of $57 billion, driven by surging AI chip demand. CEO Jensen Huang said Blackwell sales are "off the charts," with cloud GPUs sold out. Data-center revenue reached $51.2 billion. Nvidia forecast $65 billion next quarter and announced major AI infrastructure partnerships with OpenAI and Anthropic.