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![www.cnbc.com](https://image.cnbcfm.com/api/v1/image/104887925-1635881993219-niv.jpg?v=1692822734&w=1920&h=1080)
Nvidia tops estimates and says sales will jump 170% this quarter, driven by demand for AI chips
Revenue in the second quarter doubled from $6.7 billion a year earlier and increased 88% from the prior period.
Guys I don't think GPU prices are going down anytime soon
![Face with tears of joy :joy: 😂](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f602.png)
I wonder if Nvidia will literally just cancel the RTX 50 series at some point because they need every single wafer TSMC can make for them to use as AI chips. I don't know why they would sell even a single consumer GPU right now when the margins on AI chips are so much higher.
![forums way GIF forums way GIF](https://media0.giphy.com/media/bSzZT0Eha0flK/200.gif)
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