Nvidia increases its profit by 59% in a quarter without sales of the H20 chip in China

New York.- US chipmaker Nvidia increased its net profit by 59%, to $26.422 billion, in the last quarter, which was in the spotlight due to US restrictions on exports to China, and in which it did not record sales of the H20 chip to the Asian giant. The company disclosed the results of its second fiscal quarter at the close of Wall Street and reported a turnover of $46.743 billion, 56% more year-on-year, mainly thanks to its Data Centers segment, which includes the key chips for Artificial Intelligence (AI).

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Nvidia’s CEO, Jensen Huang, highlighted that its latest generation processor for AI, the Blackwell, represents an “exceptional generational leap” for this technological field and is manufacturing it at full capacity because “demand is extraordinary,” he assured.