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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. –

Many of them are relying on Nvidia's chips, though some are working on lessening that reliance by developing their own. But the investment by the large AI players has largely benefited Nvidia and other chip makers.

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