"For Nvidia CEO Jensen Huang, the stellar results themselves do not do justice to the actual sales of Blackwell, Nvidia's latest architecture in production for GPUs. These figures are "off the charts." Total revenue beat the predicted $54.92 billion by a hefty $57.01 billion. The expected revenue for the next three months also exceeds analysts' expectations: $65 billion versus $61.66 billion."
"Lenovo's Infrastructure Solutions Group (ISG), as the former IBM division is known, posted $20.5 billion in revenue. That was 15 percent more than the same quarter in 2024. Profits were meager but present, with $380 million in the green. Consistent, solid growth should follow quickly, Lenovo concludes. Liquid cooling-based systems, mostly AI servers, are on the rise. This segment grew by 154 percentage points this quarter."
Nvidia reported revenue of $57.01 billion, beating the $54.92 billion estimate, and guided $65 billion for the next quarter versus $61.66 billion expected. CEO Jensen Huang characterized Blackwell GPU sales as "off the charts." Nvidia's shares rose about 4 percent, adding roughly $181.2 billion to a $4.53 trillion market capitalization. Demand for AI chips remains strong among hyperscalers including Microsoft, Google, Amazon, and Oracle, and affiliated AI companies such as OpenAI, Meta, and Anthropic. Lenovo's Infrastructure Solutions Group posted $20.5 billion in revenue, a 15 percent increase year-over-year, with $380 million profit and rapid growth in liquid-cooled AI servers.
Read at Techzine Global
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