Nvidia Expands Data Centre Chip Offerings and Customer Base to Drive AI Growth
Nvidia is targeting sustained growth in the AI sector by expanding its data centre chip offerings and customer base. The company reported strong Q2 revenue forecasts above Wall Street expectations, announced a $80 billion share buyback program, and raised its quarterly dividend. However, shares dipped slightly due to concerns over increasing competition from firms like Google, Amazon, AMD, and Intel.
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Topics: AI Data Centre Chips Dividend Increase Share Buyback