Nvidia Q2 results

The chip king sends a loud message to AI doubters

Nvidia Revenue Soars 106% To $96.2 Billion In Q2 On AI Boom

Nvidia doubles revenue, forecasts even more AI spending

Nvidia's biggest customers (Amazon, Microsoft, Google-parent Alphabet and Meta) are on track to spend roughly $800 billion on data centres and AI infrastructure this year

OpenAI joins Google, Microsoft and Amazon in creating new 'problems' for Nvidia

OpenAI has introduced its custom Jalapeño AI processor, challenging Nvidia's hardware dominance. This new chip is designed for inference tasks and will be deployed soon. Google, Meta, and Amazon are also developing their own specialized AI chips. These custom processors aim to reduce reliance on external hardware providers. The tech industry is increasingly shifting towards proprietary silicon for AI workloads.