Artificial intelligence chip giant Nvidia sees sales more than double

Technology giant Nvidia says its sales have hit a record after more than doubling as demand

The company says revenue jumped to above $13.5bn for the three months to the end of June.

The firm's shares rose by more than 6.5% in extended trading in New York, adding to their huge gains this year.

Computer chip maker Nvidia has rocketed into the constellation of Big Tech's brightest stars while riding the artificial intelligence (AI) craze that’s fueling red-hot demand for its technology.\

The shares already have more than tripled so far this year, a run-up that has boosted Nvidia’s market value to $1.2 trillion (€1.1 trillion) - a threshold that thrust the company into the tech industry’s elite.

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