Nvidia is (really) profit from AI BUM

Nvidia has discovered That his income for the second quarter ended 27. July rose 56 percent compared to the same period last year, and it is without delivery of any H20 chips in China. It is reported on $ 46.7 billion income and net income of $ 26.4 billion. As CNBC He noticed, the company previously said that consignments of H20 in China could add $ 8 billion in sales in their killed second quarters. Instead, the company could have released $ 6 million chips in a customer on the customer outside China. Nvidia was apparently still done well in the second quarter, however, just like in the previous one. This is a ninth straight quarter, since AI ran into popularity in 2023. years, increasing revenues in the company’s year was 50 percent.

The company designed H20 especially for the Chinese market, but the US government blocked His shipment earlier this year because of concern, it could help the National Army. In mid-July, the Government told Nvidia that he would be able to deliver H20 to China, but the Chinese authorities Discouraged local technology firms from the use of chips. Now believes that the company develops a new chip for Chip that is more Advanced of H20 and is based on Blackwell Architecture. And H200 and this upcoming more advanced chip could lead to another large jump in income and sales companies.

When we talk about Blackwell, Nvidia also announced that the sale of its Blackwell was rising from the first quarter. The new product line, which is designed for advanced AI, has reached 27 billion dollars in sales and represented 50 percent of income in the company’s data center.