Nvidia reported a sharp fall in quarterly profit but forecast a recovery in its videogame-related business that had slumped amid weak consumer spending and economic uncertainty. “Gaming is recovering from the postpandemic downturn,” Chief Executive Jensen Huang said Wednesday. Nvidia also said it was launching a new cloud-services business to tap into growing enthusiasm for artificial intelligence being popularized by technology such as OpenAI’s viral chatbot, ChatGPT. Read More...
Nvidia reported a sharp fall in quarterly profit but forecast a recovery in its videogame-related business that had slumped amid weak consumer spending and economic uncertainty. “Gaming is recovering from the postpandemic downturn,” Chief Executive Jensen Huang said Wednesday. Nvidia also said it was launching a new cloud-services business to tap into growing enthusiasm for artificial intelligence being popularized by technology such as OpenAI’s viral chatbot, ChatGPT.
