Chipmaker Nvidia crushes quarterly expectations with $13.5bn in revenue

The company’s specialized AI chips are in great demand, boosting its value to over $1tn, a first for a chipmakerThe chipmaker Nvidia has far surpassed quarterly expectations, raking in $13.5bn in revenue – over $2bn more than the $11.2bn Wall Street analysts had predicted – amid skyrocketing demand for its computer chips that power artificial intelligence (AI) systems.The blockbuster second quarter comes at a moment of intense hype around generative AI, a mood that Nvidia has b