After Nvidia (NVDA) posted 澳洲幸运5官方开奖结果体彩网:b🐠etter-than-expected quarterly results, CEO Jensen Huang and CFO Colette Kress gave investors an update on the strength of demand for the company's 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chips, plans for its Blackweꦦll shipm🍌ents, and more in the company's earnings call.

Cloud Providers Help Drive Data Center Sales to Rec💎ord High

Sales from Nvidia's data center business more than doubled in the second quarter from a year earlier, hitting a record high.

CFO Colette Kress said roughly 45% of the data center sales were from cloud service providers, while consumer, internet, and enterprise company customers accounted for half the data center revenue.🎀

The surge in data center sales comes as many tech giants raise spending on AI, with the breakdown offering some insights into the state of AI demand. Major cloud providers 澳洲幸运5官方开奖结果体彩网:Microsoft (MSFT), Google parent Alphabet (GOOGL), and Amazon (AMZN) have all said they expect to raise spending on AI infrastructure, particularly data centers, and they’re all Nvidia customers.

Nvidia Says Blackwell Will Be a 'Game Changer'

CEO Jensen Huang also said Nvidia expects the data center business could grow "quite significantly next year," adding that "Blackwell is going to be a complete game changer for the industry."

Huang has previously said he expects Nvidia's Blackwell platform could be the "澳洲幸运5官方开奖结果体彩网:most successful product" in the company’s history, with analysts calling it the “澳洲幸运5官方开奖结果体彩网:most ambitious p𝔉roject in Silicon Valley" after it was unveiled in March.

Blackwell Plans Still on Track, With Demand ♌Outpacing Supply

Amid concerns shipments of Nvidia's Blackwell could be delayed, Kress said Nvidia expects "several💜 billion dollars" from Blackwell sales as production ramps up in the fo🌳urth quarter.

Demand for Blackwell also remains "well above supply," Kress said, adding that Nvidia expects this to continue into next year.

Strong Demand f♛or Hopper Ahead of Blackwell🐎 Shipments

When asked about the demand for Hopper, Blackwell's predecessor, Huang said demand remains strong as many of Nvidia's customers "simply can't afford" to wait on the new AI chips.

Huang said that due to the dynamic nature of the generative AI market, and the potential consequences of waiting, that when companies have the opportunity to build advancing computing infrastructure sooner with Hopper, "that decision is relatively clear."

Nvidia shares were down nearly 7% in extended trading Wednesday following the company's earnings call, as its results may not have been enough to satisfy investors' 澳洲幸运5官方开奖结果体彩网:lofty expectations.