From Nasdaq: 2025-05-30 05:01:00

NVIDIA reported earnings with key takeaways on GPU demand, AI factories, and the China market. They confirmed a $15 billion hit for lost H20 GPU sales to China. The company shipped 1,500 GB200 architectures in April and projected over 5,000 units for Q2, potentially reaching over 15,000 units. NVIDIA’s AI factories are driving significant revenue growth with major hyperscalers deploying thousands of Blackwell GPUs per week. The company is on track for a strong quarter with the ramping demand for their flagship GB200 NVL72 rack systems. NVIDIA is set to start shipping the next upgrade, GB300, leveraging the same architecture as GB200. The company’s seamless product roadmap and annual cadence allow for continuous upgrades and performance improvements. NVIDIA’s AI factories are not just for chatGPT but are being adopted across industries and geographies, with nearly 100 NVIDIA-powered AI factories taking off this quarter. The company is projected to reach $500 billion in annual revenues over the next five years and potentially become a $1 trillion company in the 2030s. NVIDIA’s CEO, Jensen, emphasized the importance of selling to China and how export controls impact US technology leadership in the AI space. Jensen highlighted China’s AI market potential and the need for US platforms to maintain global infrastructure leadership. NVIDIA’s AI factories are not just for commercial use but are also being adopted by nation-states to harness data and drive economic growth and development. The company’s AI factories are being strategically deployed across various industries, with a line of sight to projects requiring significant NVIDIA AI infrastructure in the future. Jensen’s remarks underscore the importance of US platforms in the global AI race and the need for collaboration with developers globally, including in China. NVDA shares are expected to open higher above $140, reflecting strong demand trends that could drive the company to successive quarters of $50 billion in sales. Zacks Investment Research highlights NVIDIA, Meta Platforms, and Tesla as top stocks with potential for significant growth in 2024. The report features handpicked stocks that have delivered impressive average gains over the years. Readers can access Zacks’ top stock picks for free to explore potential investment opportunities.



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