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Nvidia's sales are boosted by cloud companies' continued spending on its chips, as they expand data centers capable of handling generative AI's complex processing needs. The company said ...
Nvidia also projected that revenue in the current quarter would rise 70% from a year ago to $37.5 billion, as it began selling a more powerful AI chip called Blackwell.
Nvidia insiders sold shares worth over $700 million in 2024. Nvidia's stock surged 168% this year, driven by AI chip demand. Major insider sales followed Nvidia's strong earnings report ...
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