Chip giant Nvidia rides AI wave as profits soar

US chip giant Nvidia, whose products play a crucial role in artificial intelligence systems, crushed expectations on Wednesday, as the post-ChatGPT AI frenzy continues to lift the tech sector.

San Francisco (AFP) – US chip giant Nvidia, whose products play a crucial role in artificial intelligence systems, crushed expectations on Wednesday, as the post-ChatGPT AI frenzy continues to lift the tech sector. Nvidia manufactures graphics processing units (GPUs), a powerful chip technology that is necessary to build the generative AI that delivers ChatGPT as well as image, facial and speech recognition.

Via: en.rfi.fr