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Nvidia boss sees AI 'tipping point' as sales soar

The chip giant's shares have soared by more than 200% in the last year, driven by the AI boom.

Technology giant Nvidia has posted record revenues thanks to booming demand for its artificial intelligence (AI) chips and data centre business. "Accelerated computing and generative AI have hit the tipping point," the firm's founder and chief executive Jensen Huang said in a statement. "Demand is surging worldwide across companies, industries and nations," Mr Huang said.

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