kick-off of its global conference on artificial intelligence

2024-03-18 12:52:00

American multinational technology company, Nvidia is launching its global conference on artificial intelligence for developers this Monday, which brings together developers, engineers, researchers, inventors and IT professionals. Jensen Huang, its CEO, will deliver a two-hour speech at the SAP Center in San Jose, California. It is expected to unveil the group’s new flagship chips specifically designed for the development of AI.

The Santa Clara, California-based firm published last February a turnover for the fourth quarter of 2023/2024 of $22.1 billion, an increase of 22% compared to the previous quarter and 265% compared to 2022. Its Net profit for this quarter stood at $12.3 billion, up 770%. Its adjusted earnings per share came to $5.16 while the consensus was for $4.60.

The specialist in chips for artificial intelligence applications exceeded $2,000 billion in capitalization last February, thanks to this quarterly performance that was well above expectations.

source : AOF


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