From Nasdaq: 2025-02-27 16:26:00

Nvidia’s quarterly results are in, marking the end of the 2024 Q4 reporting cycle for the Mag 7 group. While most members saw solid growth, Nvidia shares are facing pressure, down 2% in the past three months. Sales hit $39.3 billion, with Data Center revenue reaching a record $35.6 billion.

CEO Jensen Huang highlighted the success of Blackwell AI supercomputers, generating billions in sales. Demand for Blackwell remains strong, but Nvidia shares have dropped 2% over the past three months. Despite this, the stock is not expensive, with a forward earnings multiple of 30.6X and a PEG ratio of 1.5X.

Nvidia expects sales of $43.0 billion for its next release, showing continued growth. While the initial share reaction was negative, Nvidia remains a top choice in AI, with a bright future ahead. The stock needed time to cool off after previous growth, making it a prime selection for those eyeing the AI sector.



Read more at Nasdaq: NVIDIA Shares Face Pressure: Were Earnings Bad?