AI: H100 accelerator brings Nividia high profits

Of course, the hype surrounding artificial intelligence has also left its mark on the manufacturers of the corresponding hardware. With the H100 chip, Nvidia has one of the most popular models on the entire market in its portfolio. Its success can also be seen in the figures from the latest annual financial statements.

Nvidia is happy about AI hype

ChatGPT, Microsoft Copilot and Samsung’s AI – these are just three examples of artificial intelligence that is already being used on a large scale. We can only guess where the journey will take us in the coming years. What seems certain, however, is the fact that Nvidia is the right companion for many developers of AI solutions. After all, many companies rely on the chip manufacturer’s popular H100 chip. This makes the success that Nvidia has now been able to present all the more understandable. Turnover for the last quarter rose by a whopping 265 percent from 6 billion US dollars to 22.1 billion US dollars. The lion’s share of the profit comes from the data center sector. Here alone, Nvidia was able to generate a turnover of 18.4 billion US dollars.

Investors in the chip manufacturer should naturally be pleased with the figures. The fact that Nvidia itself did not expect such a furious year becomes clear when looking at its own forecast. The US manufacturer was actually expecting a turnover of just 20 billion US dollars. The whole thing is particularly impressive when you put it in relation to two other well-known big players in the chip industry. Intel, with an annual profit of 1.68 billion US dollars, and AMD, with an annual profit of 1.25 billion US dollars, made significantly less. Nvidia made a profit of no less than 29.8 billion US dollars. This means that the company has literally outclassed its competitors.

Data center as sales driver

We know Nvidia primarily as a manufacturer of high-performance graphics cards. These experienced a real sales high during the Bitcoin boom. However, the figures now presented have nothing to do with the GPU division. Instead, the chip manufacturer is now focusing on data centers and server systems. This is due to the rapidly increasing number of cloud and AI services that more and more companies are now offering. This also includes car manufacturers, who also need a corresponding infrastructure in view of the increasing number of smart features in vehicles.

Nvidia relies on TSMC

Meanwhile, the US company is likely to be looking towards Taiwan with increasing concern, as the conflict with China threatens to cause another chip crisis. TSMC, the world’s largest chip manufacturer based there, also produces for Nvidia. The fact that TSMC has once again boosted production of the H100 accelerator in recent months has also boosted Nvidia’s sales. However, demand does not seem to be a problem. It almost seems as if the market is snapping up H100 chips like hot cakes from the hands of the US manufacturer. This leads to the assumption that TSMC could increase its production once again. The record figures that have now been published are therefore likely to be just the beginning. Quarterly figures presented