Nvidia reports record revenue and earnings, driven by AI market leadership, exceeding expectations.
From Nasdaq: 2025-02-28 04:15:00
Nvidia (NASDAQ: NVDA) continues to impress with record revenue and earnings, driven by its leadership in the AI market. The company reported a 78% increase in fourth-quarter revenue to $39 billion and predicts a 65% increase in the current quarter to $43 billion. Nvidia’s Blackwell architecture launch has been a major success, exceeding expectations and driving significant revenue.
The Blackwell ramp has been a game-changer for Nvidia, bringing in $11 billion in revenue and surpassing the company’s own expectations. Despite a temporary dip in gross margin to the low 70s due to the Blackwell ramp, Nvidia remains profitable. The company expects to return to mid-70s gross margin levels later in the fiscal year.
Nvidia’s future looks promising as demand for Blackwell remains strong, and the company has visibility into its customers’ capital investment plans. The company is poised to benefit from the growth of AI in various sectors, from data centers to government platforms. As an investor, Nvidia remains a solid AI stock to buy and hold for the long term, with potential for continued growth and innovation.
Read more at Nasdaq: Nvidia Just Delivered Another Blowout Quarter. Here Are 3 Crucial Things You Shouldn’t Miss.
