""This demand spans every market, CSPs, sovereigns, modern builders enterprises and super computing centers, and includes multiple landmark build outs," Kress said."
""Blackwell sales are off the charts, and cloud GPUs are sold out," Huang said in the company's Q3 earnings statement. "Compute demand keeps accelerating and compounding across training and inference - each growing exponentially. We've entered the virtuous cycle of AI. The AI ecosystem is scaling fast - with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.""
"Huang said sales of its Blackwell GPU chips "are off the charts.""
Nvidia reported $57 billion in fiscal third-quarter revenue, a 62% year-over-year increase, and GAAP net income of $32 billion, up 65% year-over-year, both beating expectations. Data center revenue reached a record $51.2 billion, up 25% from the prior quarter and 66% year-over-year. The data center business was driven by accelerating compute needs, powerful AI models, and agentic applications, with an aggregate sale of 5 million GPUs. Blackwell Ultra and prior Blackwell architectures experienced particularly strong demand, with Blackwell now the company leader and cloud GPU capacity reported as sold out.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]