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Nvidia beats quarterly forecasts with $96.2B and speaks of AI "turning point"

Nvidia exceeded quarterly forecasts with revenue of $96.2 billion, driven by 117% growth in data center chip revenue, which reached $89 billion. The company forecasts revenue of $108 billion for the next quarter, figures that exceeded Wall Street expectations, excluding sales to China. During the earnings presentation, CEO Jensen Huang stated that Nvidia is experiencing a "tipping point" in artificial intelligence.

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