Nvidia’s Revenue Jumps to $44.1 Billion Despite A.I. Chip Controls

Nvidia’s business prospects have been whipsawed by the U.S. government lately. Last month, the government blocked the sale of artificial intelligence chips to China. Weeks later, it approved the sale of similar chips to the Middle East.

Amid the turmoil, Nvidia still maintained its breakneck growth as the leading provider of the computer chips used for building artificial intelligence.

Nvidia said on Wednesday that sales in its most recent quarter rose 69 percent to $44.1 billion from a year…