Nvidia's Data Center business is booming, up more than 400% since last year to $18.4 billion in fourth-quarter sales
Publishing timestamp: 2024-02-21 16:49:07
Summary
Nvidia's Data Center business, fueled by the demand for AI chips, has seen significant growth over the past few quarters, with sales reaching $18.4 billion in the fourth quarter. Tech giants like Alphabet and Meta, as well as startups like OpenAI and Anthropic, are driving the demand for Nvidia's products. Investors are optimistic about the company's future prospects in the AI market.
Sentiment: POSITIVE
Tickers: GOOG, GOOGL, META, NVDA,
Keywords: alphabet class c, breaking news: technology, social media, mark zuckerberg, alphabet inc, mobile, internet, business news, nvidia corp, technology, meta platforms inc,