Nvidia posts record profit and revenue amid AI chip boom

Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. Th US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period, up 37 percent from the previous quarter and more than 200 percent year-on-year. Recommended Stories list of 4 items end of list Revenue jumped to $81.6 bn, up 20 percent from the prior quarter and 85 percent compared to the same period in 2025. …