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Nvidia to release earnings as AI demand continues unabated

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Rival computer chip makers are racing to catch up but Nvidia still holds a leading edge in powering the artificial intelligence boom as it prepares to release its latest financial results Wednesday.

FILE - Nvidia CEO Jensen Huang makes the keynote address at Nvidia GTC in San Jose, Calif. on March 18, 2024. Nvidia reports earnings on Wednesday, May 22, 2024. FILE - A Nvidia office building is shown in Santa Clara, Calif., May 31, 2023. Nvidia reports earnings on Wednesday, May 22, 2024. FILE - Nvidia CEO Jensen Huangs speaks at the company’s office in Santa Clara, Calif., April 16, 2024. Nvidia reports earnings on Wednesday, May 22, 2024.

Tech giants Amazon, Google, Meta and Microsoft have all signaled they will need to spend more in coming months on the chips and data centers needed to train and operate their AI systems.

 

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