Startups and corporations continue to clamor for Nvidia’s AI data center chips.
The chipmaker reported data center revenue of $51.2 billion in the October quarter, up 66% year-over-year. That’s above Wall Street’s estimate of $49.05 billion, according to FactSet.
Data center revenue was “driven by three platform shifts: accelerated computing, powerful AI models, and agent applications,” Nvidia CFO Colette Kress said in the company’s earnings release.