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Al Jazeera
Al Jazeera
Technology
John Power

Chip giant Nvidia’s sales rise 56% in boost for AI boom

The logo of Nvidia is pictured at an exhibition in Taipei, Taiwan, on May 21, 2025 [I-hwa Cheng/AFP]

Chip giant Nvidia has set a new sales record, a sign that demand for artificial intelligence remains strong despite fearsthe technology may be overhyped.

Nvidia, the world’s most valuable company, on Wednesday reported revenue of $46.74bn for the three months that ended in July, a rise of 56 percent year-on-year.

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