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US chip-maker Nvidia has reported a 262% increase in revenue amid surging demand for Artificial Intelligence chips. The company beat market expectations to generate $26 billion in revenue. Many analysts have called Nvidia the most important company in the world. Nvidia's performance is part of the larger chip war playing out between China and the West. Countries have announced subsidies worth $380 billion to boost their local chip-making industry and take a lead in the semiconductor race. The US has urged its allies in Europe and Asia to curb sales of advanced semiconductors to China. Palki Sharma tells you why this next stage of the chip war matters.


Nvidia Reports 262% Rise in Revenue Amid AI Race

https://media.nw18.com/media-assets/wbx6pq/a7c7b0df-78e2-406c-97d3-7abd9dcf8dd0/05-2024/24-2024/UsD8fBhC23-Y9DRbIUDoOREEL-2305-CHIP-WARmp4-1MUuGtk6oN/1080highp-h264.mp4