NVIDIA ($NVDA) continues to report outstanding business results in Q3 FY24 (ended October 2023). The drivers behind Nvidia's explosive growth are summed up in CEO Jensen Huang's statement:
"This is the era of generative AI and the demand for a new form of data center - AI factory (AI factory) is increasing day by day. This includes selectively optimizing data for training computers (training), enabling them to perform inference (inference) and then generate AI content (generating)."
AI systems operate through 2 main stages:
