Artificial intelligence chipmaker Nvidia's quarterly results once again beat Wall Street expectations, driven by strong demand for its high-end AI chips.
The company said on Wednesday it reported a net income of $58.32bn (€53.7bn) or $2.39 per share in the February-April period, up from $18.78bn (€17.3bn) or 76 cents per share in the same period a year earlier. Excluding one-time items, Nvidia earned $1.87 per share.