Nvidia sales up 69% amid turmoil as AI chip demand offsets China setback

Nvidia’s business prospects have been whipsawed by the US government lately. Last month, the government blocked the sale of artificial intelligence chips to China. Weeks later, it approved the sale of similar chips to West Asia.

Amid the turmoil, Nvidia still maintained its breakneck growth as the leading provider of the computer chips used for building AI.

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