[Breaking News] Semiconductor giant Nvidia's first-quarter revenue hit a record high of $26 billion, up 262% from the same period last year, exceeding expectations. Nvidia's stock price soared to an all-time high of more than $1,000 in after-hours trading on May 22, with a market value of more than $2.5 trillion, exceeding the combined market value of Tesla and Amazon, twice that of Bitcoin, and more than five times that of Ethereum. Nvidia CEO Huang Renxun said the company is ready for the next wave of growth and will begin producing artificial intelligence chips on an annual basis. Nvidia also plans to expand its cooperation with Amazon Web Services (AWS), Google Cloud, Microsoft and Oracle to advance generative artificial intelligence innovation and explore the application of artificial intelligence in industries such as games, automobiles (autonomous driving), robotics, healthcare and semiconductor manufacturing.