Nvidia reports a record-breaking fourth-quarter performance with a 78% year-over-year revenue increase, driven by high demand for AI products. The company forecasts continued growth, especially with its next-generation Blackwell AI chips.
Nvidia reported a significant increase in fourth-quarter earnings, driven by strong demand for its AI chips, with revenue reaching $39.33 billion, a 78% year-over-year growth. The company also provided optimistic guidance for the first quarter of 2025, projecting revenue of approximately $43 billion.
Nvidia reports unprecedented fiscal fourth-quarter earnings, driven by surging demand for its AI technology, with significant contributions from its data center segment and the successful launch of the Blackwell GPU system.
Nvidia reports a significant increase in fourth-quarter earnings, driven by high demand for its AI chips, with a notable 78% year-over-year revenue growth. The company's data center business, focusing on AI GPUs, now represents 91% of total sales. Despite strong performance, concerns about slowing growth and competition from tech giants persist.
Global tech stocks, including Nvidia, Microsoft, and Alphabet, faced a significant selloff due to the emergence of DeepSeek, a cost-efficient Chinese AI model, raising concerns over U.S. AI dominance and future demand for high-cost AI infrastructure.
Nvidia faced its worst single-day stock performance, losing nearly $600 billion in market value due to competition from Chinese AI company DeepSeek, raising concerns over Nvidia's dominance in the AI chip market.
Nvidia faced its worst trading day since March 2020, with shares dropping nearly 17% following the release of DeepSeek's R1, a cost-effective AI model from China. This event has sparked a debate on the future of AI infrastructure and spending.
Global tech stocks, including Nvidia, experienced significant declines following the release of DeepSeek's cost-efficient AI model, R1, challenging Western AI dominance and raising concerns over future hardware investments.
NVIDIA has announced exceptional third-quarter financial results for fiscal 2025, achieving record revenues of $35.1 billion, marking a 17% increase from the previous quarter and a 94% year-over-year rise. Driven by a booming demand for AI technologies, NVIDIA's Data Center segment significantly contributed to this growth, with revenues reaching $30.8 billion. Despite its robust performance, NVIDIA's stock saw a slight fall due to investor concerns over future supply constraints. The company's future guidance remains optimistic, as it forecasts fourth-quarter revenues to align closely with market expectations. Additionally, shifts in shareholder investments raise concerns about the sustainability of AI-driven growth.