PALO ALTO, California -- U.S. chipmaker Nvidia reported another blockbuster earnings quarter on Wednesday, announcing a 10-for-1 forward stock split as surging AI demand pushed its share price up after markets closed.
"The next industrial revolution has begun," Jensen Huang, founder and CEO of Nvidia, said in a statement. "Companies and countries are partnering with Nvidia to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center -- AI factories -- to produce a new commodity: artificial intelligence."
