CNA Nvidia smashes forecasts with record quarter as AI boom rolls on

Nvidia on Wednesday (Feb 25) reported blockbuster quarterly results that blew past Wall Street expectations, posting record revenue of US$68 billion as insatiable demand for its artificial intelligence chips showed no sign of cooling. The figures – up 73 per cent from a year ago and well above the US$65.7 billion analysts had forecast – sent a powerful signal that the technology buildout dominated by Nvidia that underpins the global AI boom remains in full swing. CNA’s Sarah Al-Khaldi discusses the results and the spillover on Asia First, while Elizabath Neo speaks to Jason Ware, chief investment officer at Albion Financial Group, for deeper insight into what this means for investors and the tech sector.

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