Nvidia conference shows it’s still on track for AI dominance

Nvidia conference shows it’s still on track for AI dominance

In what seems like just one in a series of critically important moments for the most followed and scrutinized tech company in the world, Nvidia hosted developers, partners, and analysts this week in San Jose for its annual GTC event. This is Nvidia’s preeminent showcase of everything AI; at least it has become that as it shifted its focus from gaming and graphics, to compute and artificial intelligence.

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Is Nvidia well positioned to sustain its meteoric growth in AI?

Is Nvidia well positioned to sustain its meteoric growth in AI?

Not a surprise to any, it turns out that Nvidia made a lot of money last quarter. The company reported $18.1B in revenue, an increase of 206% compared to just one year ago. Earnings per share were up 6 times or 12 times, depending on if you view at the GAAP or non-GAAP numbers. Nvidia has been raising eyebrows with investors and analysts in the markets for some time, and yesterday’s results continue to do so.

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