The Silicon Valley company was again lifted by sales of its artificial intelligence chips, but it faces growing competition and heightened expectations.
Jensen Huang, Nvidia’s chief executive, in March. The company reported revenue of $26 billion in its latest quarter, tripling its sales from a year earlier.
Reddit’s first earnings report as a public company showed leaps in users and advertising revenue, along with expenses related to its initial public offering.
Amazon has been focusing on shipping products quickly by putting more items closer to customers. The company’s cloud computing business is also growing.
Quarterly results on Wednesday underscored Meta’s repositioning of itself as a company poised to capitalize on the industrywide fervor for artificial intelligence.
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