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Nvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chip Sales
Nvidia reported quarterly profit of $43 billion driven by surging demand for its artificial intelligence chips. The company's total fiscal year profit reached $120 billion, a staggering increase from just $4.4 billion three years ago, underscoring the explosive growth of the AI hardware market. The results highlight Nvidia's dominant position in the AI chip sector.