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Transcripts For BBCNEWS Asia 20240704

in the united states and the third largest company on wall street. so expectations for their fourth quarter earnings had been skyhigh or high. estimates were that they would reported earnings of $3.64 a share and around 24 $.4 billion in revenue. but the company did better than that earnings came in at around $5 per share and revenue, $22.1 billion. the company says that revenue during this quarter would beat expectations. the company is riding high on enthusiasm over artificial intelligence. their chips are used to power ai models that are all the rage in the tech industry right now. that is why quarterly results get so much attention. investors look to the performance for clues about how the ai boom is progressing. to hear the chief executive officer tell at one stage, quote, accelerated computing and generative ai have hit the tipping point. demand is surging worldwide across companies, industries and nations. ~ companies, industries and nation nations. we spoke with a te

Tipping-point
Artificial-intelligence
Nvidia
Aerospace-makers-boeing
Revenues
Ceo
Times
Boss
Seven
Hello
Plane-maker
Country

Transcripts For BBCNEWS Asia 20240704

fourth quarter earnings had had been skyhigh. estimates were that they would reported earnings of $3.64 $4.64 a share and around 24.4 billion in revenue. but the company did better than that. earnings came in at around $5 per share and revenue, $22.1 billion. the company says that revenue during this quarter would beat expectations. the company is riding high on enthusiasm over artificial intelligence. their chips are used to power the ai models that are all the rage in the tech industry right now. that is why quarterly results get so much attention. investors look to the performance for clues about how the ai boom is progressing. to hear the chief executive officer tell at one stage, quote, accelerated computing and generative ai have hit the tipping point. demand is surging worldwide across companies, industries and nations. we spoke with a technology analyst and asked what the nvidia boss said and meant when he said ai was at a tipping point. we are starting to see mainstr

Artificial-intelligence
Nvidia
Ceo
Company
Tipping-point
Aerospace-makers-boeing
Revenues
Times
Boss
737
Earnings
Hello

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