2023-09-08 10:32:28.AIbase.1.2k
Generative AI Accelerates Growth in the Chip Industry, with NVIDIA as the Biggest Beneficiary
The semiconductor industry achieved counter-trend growth in the second quarter, with revenue increasing by 3.8%. NVIDIA drove the turnaround in the semiconductor industry in Q2 2023, with a revenue increase of $4.65 billion. The demand for Generative Artificial Intelligence (GAI) fueled NVIDIA's rapid growth. The semiconductor market is gradually recovering, but the overall scale remains lower than a year ago. NVIDIA has excelled in the field of Generative AI, becoming the biggest winner.