NVIDIA's Data Center Revenue Fuels Q3 Growth Amid AI Demand Surge

📅 November 21, 2024 - NVIDIA reported record-breaking data centerrevenue in its third-quarter financial results, showcasing its pivotal role in meeting the surging demand for artificial intelligence (AI) infrastructure. The segment generated $30.8 billion in revenue, a 112% increase year-over-year and a 17% rise from the previous quarter, reinforcing its position as a leader in AI chip innovation.

The data center division, which now represents the core of NVIDIA's growth, has been propelled by the widespread adoption of its AI technologies across industries. The company's cutting-edge NVIDIA Hopper H200 GPUs were made available through major cloud providers, including AWS, CoreWeave, and Microsoft Azure, with [...][... Check source for end of article ...]

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