NVIDIA Q3 2024 Financial Report: Generative AI Drives Growth, Revenue Reaches All-Time High
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NVIDIA announced record-breaking results in its Q3 2024 financial report, with revenue reaching $18.12 billion, primarily driven by the data center business. The global expansion of the generative AI market and governments establishing their own AI computing infrastructure have become emerging markets. Integrating AI assistants into enterprise software companies is a significant growth area. NVIDIA anticipates that cloud service providers and AI startups will continue to drive growth, with Q4 FY2024 revenue expected to reach $20 billion.
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