In the “AI boom” that has been going on for a long time, various companies are scrambling to launch big models and AI applications, triggering a fervent demand for computing power, which has also made chip giant Nvidia profitable. Before the market on Thursday, Nvidia's US stock surged 30% before the market, approaching 400 US dollars/share. The stock price reached a record high, and the total market value was close to 1 trillion US dollars.
According to the latest financial report of global AI computing power leader Nvidia, Q1 revenue fell 13% year on year, almost half of market expectations and the decline in the fourth quarter.
It is worth noting that in recent years, data centers have become a competitive place for AMD, Intel, and Nvidia, whileThese three companies are also known by the industry as the three giants in the data center market.
As demand for generative AI and big language models continues to grow,Revenue from the data center business where Nvidia's AI chips are located reached a record high, far exceeding analysts' expectations.In contrast, AMD is far inferior to Nvidia and Intel.
What's even more surprising is the second-quarter guidance. Nvidia expects Q2 revenue to increase nearly 33% year-on-year to around US$11 billion, which is 53.2% higher than analysts' expectations.This will also be the company's highest quarterly revenue ever.