Thursday, August 29, 2024

Nvidia phenomenon also stumbles on AI cost

Chipmaker Nvidia posted huge profits in its fiscal second quarter (May to July). But that's not enough because the outlook for the next quarter is for revenue to stagnate. It also highlights an Achilles heel: its profits depend on a handful of its customers continuing to spend fortunes on AI chips without taking into account the erosion of their profits.

Nvidia posted strong quarterly revenue growth and a solid financial outlook going forward, but those attributes have yet to convince global analysts and investors.

Read full article

MORE ANALYSIS

Brasil · Regulation07/10/2026

Futurecom 2026

Anatel calls for a role in regulating the digital ecosystem

América Latina · Software and Applications07/10/2026

Futurecom 2026

Eletronet launches solution to protect data with post-quantum encryption

Brasil · Data Center07/10/2026

Futurecom 2026

BCG: Brazil should double its data center capacity by 2030

Brasil · Data Center07/10/2026

Futurecom 2026

Communications Minister expects Redata regulations by year-end

Globales · Submarine Cables06/10/2026

How the ITU’s recommendations to protect submarine cables were developed

The International Advisory Body for Submarine Cable Research Alliance (IAB) reached global consensus on adding proposals with the inclusion of China and the US. The focus was on resilience rather than security.

List all analysis