How chipmaker Nvidia struck AI gold

Huge demand for the US company’s H100 processors helped send its market value skyrocketing towards $US1 trillion.

“We went from a pretty tough year last year to an overnight turn round,” said Jensen Huang, Nvidia’s chief executive. Nvidia is an early winner from the astronomical rise of generative AI, a technology that threatens to reshape industries, produce huge productivity gains and displace millions of jobs.

Via: afr.com