Nvidia's revenue exceeds expectations with 427% growth in data center, eyeing growth in AI and autonomy.

From Nasdaq: 2024-05-31 19:31:23

Nvidia reported high revenue, surpassing analyst expectations, with a 427% year-over-year growth in the data center business primarily driven by big Cloud providers. The company is also exploring growth opportunities in Sovereign AI and autonomous driving technology. However, challenges persist in fully developing self-driving capabilities as seen in recent Tesla updates.



Read more at Nasdaq: Nvidia Rolls On | Nasdaq