Nvidia (truly) benefits from the mutation of artificial intelligence

Nafidia has open Its revenues for the second quarter ending on July 27 increased 56 percent compared to the same period last year, without charging any H20 chips to China. I reported revenues of $ 46.7 billion and a net income of 26.4 billion dollars. like CNBC I noticed that the company previously said that H20 shipments to China could have added $ 8 billion sales to its numbers in the second quarter. Instead, the company was only able to issue $ 180 million of chips for a customer outside China. It is clear that NVIDIA is still working very well in the second quarter, however, as in the previous two. This is the ninth quarter in a row, since Amnesty International increased in 2023, as it increased revenues on an annual basis for the company 50 percent.

The company is designed specifically for the Chinese market, but the United States government Prohibited She was shipped earlier this year because of her fears can help the army in the country. In mid -July, the government told NVIDIA that it would be able to charge the H20 to China again, but the Chinese authorities Local technology companies frustrated From using chips. Now, it is believed that the company is developing a new segment for China more Advanced from H20 It is based on the company’s architecture. The most advanced H20 and Chip can lead to another big jump in the company’s revenues and sales.

Speaking of Blackwell, NVIDIA also announced that its Blackweell chips are based 17 percent over the first quarter. The new production line, which was designed for Advanced AI, has reached $ 27 billion in sales and represents 50 percent of the company’s data center revenue.