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The Independent UK
The Independent UK
National
Associated Press

Nvidia's earnings attest to its leadership in the AI race. By the numbers

Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.

Last month, Nvidia became the first public company to reach a market capitalization of $5 trillion.

The ravenous appetite for the Silicon Valley company's chips is the main reason that the company’s stock price has increased so rapidly since early 2023.

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