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flag Nvidia reports record revenue surge, reflecting AI boom's economic impact despite regulatory hurdles.

flag Nvidia, a key player in the AI industry, reported $46.7 billion in revenue, surpassing expectations and marking a 56% increase from last year. flag Despite concerns about an AI bubble, the company’s stock has surged nearly 700% since the release of OpenAI's ChatGPT. flag The AI sector has boosted US GDP by 0.5 percentage points. flag Nvidia faces challenges, including trade restrictions on China and a requirement to share 15% of Chinese chip sales with the US government.

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