21
Nov
A large portion of Nvidia’s growth this quarter was driven by data center revenue, totaling $30.8 billion for the quarter, which was up 112 percent from last year. The company’s gross profit margin was 74.5 percent, essentially flat from a year ago. But analysts expect that Nvidia’s margins could shrink as the company shifts to producing more Blackwell chips, which cost more to make than their less advanced predecessors.Nvidia’s earnings reports are seen as an important bellwether for the AI industry as a whole. The chip architect’s advanced GPUs, which power complex neural network processing, are what made the current…