
Sybbex Global Team
February 28, 2025 at 10:10 AM
📊 Nvidia revenues up 80% from ‘amazing’ demand for AI chips
💰 Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
- Chip-making giant Nvidia has beaten Wall Street expectations with its latest earnings, with a nearly 80% jump in revenue year-on-year due to sales of its artificial intelligence-centered microchips.
➡️ In a Feb. 26 earnings report for its 2025 fiscal year and fourth quarter ended Jan. 26, Nvidia announced revenues of $39.3 billion for the quarter — up 12% from its previous quarter and up 78% from the same quarter a year ago.
➡️ Zacks Investment Research said Wall Street revenue estimates pegged revenue at only $37.72 billion, while earnings per share of 89 cents beat expectations of 84 cents.
💭 Nvidia founder and CEO Jensen Huang said on an earnings call that the earnings uptick was thanks to “amazing” demand for its microchip Blackwell — designed for AI, machine learning and high-performance computing.
🗣 “AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.”
Nvidia’s data center revenue accounted for over 90% of the firm’s total revenues, hitting $35.6 billion, up 93% from a year ago.
- Shares in Nvidia Corp (NVDA) closed trading on Feb. 26 up 3.67% to $131.28, according to Google Finance.
💭 It’s still down from its all-time high set In November when the stock closed at over $147.
- Late last month, on Jan. 27, Nvidia saw the largest one-day value drop in US stock market history when its shares closed down nearly 17% — wiping out almost $600 billion in value amid investor panic after Chinese AI firm DeepSeek released a model that reportedly rivaled OpenAI’s ChatGPT.
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