Nvidia Data Center Revenue Increases 154% YoY | Bank Automation News

Semiconductor manufacturing giant NVIDIA announced record second-quarter revenue driven by increased demand for data centers, hardware, and AI models. “Data center revenue of $26.3 billion was the highest ever, up 16% from the prior quarter and up 154% from a year ago,” Chief Financial Officer Colette Kress said during the company’s earnings call on August 28. NVIDIA attributed data center growth to (…)