Nvidia has just announced its financial results for the previous quarter, and as expected, things are going very well for the GPU behemoth. The company is almost entirely AI-focused these days—I know, tiny violins for us PC gamers—and in its earnings call, Nvidia EVP and CFO Colette Kress said that there's still an awful lot of demand for it:
"Demand for AI infrastructure continues to expand at an unprecedented pace. The build out of AI factories is accelerating. The value of NVIDIA AI infrastructure is rising."
This increased demand, of course, allows for increased pricing: "The price of renting an H100 has risen 20% year to date, while A100 cloud pricing is up nearly 15%," says the company. "Benefiting from the versatility of our platform and continuous performance enhancements enhanced by our software stack, customers are generating profitable revenue beyond the depreciable life of their GPUs."
Nvidia has s...
English (US)