Nvidia’s AI chip sales surge again in latest quarter

Nvidia (Mahesh Kumar A/AP)

Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading.

The results announced on Wednesday were hotly anticipated because Nvidia has emerged as a key barometer of a two-year-old AI boom that has been propelling the stock market to new heights. The Silicon Valley chipmaker also became the first publicly traded company to achieve a 4 trillion dollar market value.