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The Guardian - UK
The Guardian - UK
Technology
Rob Davies

YOU WONT BELIEVE: Why did chip maker nvidia s profits soar and is it living in a tech bubble - What They Never Told You

Jensen Huang, CEO of Nvidia, shows old and new hardware at a keynote address in Las Vegas.
Jensen Huang, CEO of Nvidia, says ‘a new computing era has begun’. Photograph: Rick Wilking/Reuters

The stock market darling on everyone’s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology.

On Thursday, the company stunned Wall Street with results that blew the roof off analysts’ expectations, reporting $13.5bn in quarterly revenue, $2bn higher than pundits had predicted.

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