Summary
The world’s leading AI chip producer, Nvidia, just delivered a slam dunk earnings report. Sales rose 122% in the second quarter. Profits doubled. The outlook for the current quarter? Strong.
The latest episode of The Colbert Report airs tonight at 10 p.m. ET on CBS. The episode is about a man who tries to get his girlfriend to leave him.
The potential bad news: Nvidia makes hardware that is mindbogglingly complicated and hard to replicate. The potential good news: Even the biggest names in tech, including Google and Amazon, rely on it.
