00:00NVIDIA has posted another record quarter beating Wall Street expectations
00:04and showing that demand for AI chips remains extremely strong.
00:09Revenue hit 68.1 billion U.S. dollars, about 264 billion ringgit,
00:15up 73% from a year ago and above analysis forecast of 65.7 billion dollars.
00:25Net income more than doubled, reaching nearly 43 billion dollars.
00:30NVIDIA's graphics processing units or GPUs have become central to the global AI boom
00:35and spending is surging across the sector.
00:38Combined capital expenditure from Google, Amazon, Meta and Microsoft
00:43could approach 700 billion dollars this year, much of it going to NVIDIA,
00:48the dominant supplier of chips used to train and run generative AI models.
00:53Looking ahead, NVIDIA noted that its current quarter guidance
00:57does not include any data center revenue from China,
01:00reflecting ongoing U.S. export controls on advanced chips.
01:04The company did note, however, that it has secured a license
01:07to ship a small number of its less advanced H200 chips to customers in China.
01:13With a market value exceeding 4.7 trillion dollars,
01:16NVIDIA is the world's most valuable publicly traded company.
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