Beyond the Cloud Giants: Nvidia's Data Center Growth Challenges AI Skeptics Nvidia's latest earnings report has sent shockwaves through the tech industry, fueling debate over the sustainability of AI spending.
Revenue soared 106% year over year to a record $96. 2 billion in the fiscal second quarter.
For years, Nvidia's success was tied to its relationships with hyperscalers – tech giants like Microsoft, Google, Amazon, and Meta that dominate cloud computing.