From Nasdaq: 2025-02-27 16:22:00

Nvidia (NASDAQ: NVDA) reported record Q4 revenue of $39.3 billion, up 78% YoY, driven by AI demand. Blackwell architecture generated $11 billion in revenue in its first quarter, the fastest ramp in Nvidia’s history. Data center revenue hit $35.6 billion, up 93% YoY, with strong U.S. growth offsetting China’s lower revenue.

CEO Jensen Huang announced plans for Blackwell Ultra launch in 2025 and development of “Vera Rubin” architecture. Gross margins expected to stabilize in the low 70s as Blackwell production ramps. Management sees opportunities for cost and margin improvements once production goals are met.

Nvidia remains confident in sustained AI demand and highlighted the expanding role of AI in industries. CEO Jensen Huang emphasized the untapped potential of AI, positioning the company for continued growth. Stock Advisor analysts identified 10 best stocks to buy, excluding Nvidia, with potential for high returns. 1. The stock market saw a significant increase today, with the S&P 500 and Dow Jones both reaching record highs. The S&P 500 closed at 4,352.34, while the Dow Jones ended the day at 34,996.18. Tech stocks were the top performers, with companies like Apple and Amazon driving the market up.

2. In other news, the unemployment rate dropped to 5.9% in June, marking a decrease from the previous month. The U.S. economy added 850,000 jobs, surpassing expectations and signaling a strong recovery. Job growth was particularly strong in the leisure and hospitality sectors, as businesses continue to reopen.

3. The housing market also experienced a boost, as home prices surged to a new high in June. The median price for existing homes reached $363,300, a 23.4% increase from the previous year. Low mortgage rates and high demand have fueled this rapid growth, making it a seller’s market.

4. On the international front, tensions between China and the U.S. continue to escalate, with China imposing sanctions on U.S. officials. This move comes in response to the U.S. issuing a warning to companies about doing business in Hong Kong. The diplomatic spat adds to existing trade tensions between the two countries.

5. Lastly, in health news, the CDC has issued new guidance recommending that fully vaccinated individuals wear masks indoors in areas with high COVID-19 transmission rates. This decision comes as the Delta variant continues to spread rapidly across the country, prompting concerns about breakthrough infections in vaccinated individuals.



Read more at Nasdaq: Nvidia’s AI Expansion: 5 Key Takeaways From Earnings