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Nvidia's Sales Triple, Signaling AI Boom's Staying Power

·1 min

Nvidia reported a strong quarter, indicating the ongoing strength of the AI industry. The company’s stock soared above $1,000 per share. Nvidia’s chips have played a crucial role in enabling the growth of artificial intelligence, which has the potential to disrupt numerous industries. CEO Jensen Huang emphasized the transformation of data centers into ‘AI factories,’ marking the beginning of a new industrial revolution.