Nvidia Just Made $68 Billion in 3 Months and They're Already Teasing Something Even Bigger

Nvidia just posted $68.1 billion in revenue for a single quarter. Let that sink in. That's more than many countries' entire GDP, and it all comes from one thing: the insane demand for AI computing power.

But CEO Jensen Huang isn't resting on those record numbers. He just declared that 'AI has gone through a new inflection point' and gave CNBC an exclusive look at what's coming next: a new AI chip system called Vera Rubin.

Vera Rubin is designed to replace Nvidia's current Blackwell chips, which are already the gold standard that every AI company is fighting to get their hands on. According to CNBC's exclusive first look, the new system is significantly more powerful and is scheduled to ship in the second half of this year.

Here's why this matters to regular people: every time you use ChatGPT, ask an AI to generate an image, or interact with any AI tool, there's a very good chance it's running on Nvidia hardware. They basically own the picks-and-shovels business of the AI gold rush.

The numbers are almost hard to believe. Just a few years ago, Nvidia was mainly known for making graphics cards for gamers. Now they're posting revenue numbers that rival entire industries.

With Nvidia's big GTC conference just weeks away, expect even more announcements. The AI infrastructure buildout shows zero signs of slowing down.

As reported by CNBC.

Source: CNBC