The world's leading chip design firms experienced a significant revenue boost because of the ongoing generative AI frenzy. They reached a collective $38.1 billion, a 12.5% rise from the previous quarter, according to
TrendForce. Nvidia, which sold $10 billion worth of datacenter hardware emerged as the highest-earning fabless chip designer, overtaking Qualcomm in the rankings.
Nvidia capitalized on the global surge of artificial intelligence services based on large language models and saw its data center earnings soar by 105%. This growth was further fueled by the successful launch and shipment of their cutting-edge Hopper and Ampere architecture HGX systems. As a result, Nvidia's Q2 earnings reached a staggering $11.33 billion, marking a 68.3% increase quarter-over-quarter, TrendForce reports.
