India must set up AI factories to lead next AI revolution: Nvidia MD Dhupar

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India must set up AI factories to lead next AI revolution: Nvidia MD Dhupar - Business Standard

Quick Summary:

It also posted a record quarterly data centre revenue of $30.8 billion, up 17 per cent from Q2 and up 112 per cent from a year ago.

The company holds a 90 per cent market share in the AI chip market, compared to competitors like Advanced Micro Devices (AMD) and Intel, which have much smaller shares.

During the third quarter that ended on October 27, Nvidia posted record revenue of $35.1 billion, up 17 per cent from the second quarter and up 94 per cent from a year ago.