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Nvidia sales surge in Q4 on demand for AI chips

Feb 26, 2025 - financialpost.com
Nvidia Corp. reported a significant increase in fourth-quarter profit and sales, driven by strong demand for its Blackwell chips used in artificial intelligence systems. For the quarter ending January 26, the company posted revenue of $39.3 billion, marking a 12% increase from the previous quarter and a 78% rise from the same period last year. Adjusted earnings were 89 cents per share, surpassing Wall Street expectations of 85 cents per share on $38.1 billion in revenue. Nvidia's founder, Jensen Huang, highlighted the growing demand for AI-driven computing power as a key factor in the company's success.

Despite concerns over competition from Chinese company DeepSeek, which claimed to have developed a cost-effective AI model using Nvidia chips, Nvidia remains a dominant force in the AI sector. The company's market value has soared to over $3 trillion, making it the second-largest company on Wall Street after Apple. Nvidia's success has contributed to the S&P 500's recent record highs, even amid economic concerns such as high inflation and trade policies under President Donald Trump.

Key takeaways:

  • Nvidia Corp. reported a surge in fourth-quarter profit and sales due to high demand for its Blackwell chips, which power AI systems.
  • The company posted revenue of US$39.3 billion for the quarter, up 12% from the previous quarter and 78% from the previous year.
  • Nvidia's earnings report exceeded Wall Street expectations, with adjusted earnings of 89 cents per share compared to the expected 85 cents.
  • Nvidia has become the second-largest company on Wall Street, valued at over US$3 trillion, and plays a significant role in the S&P 500's recent record highs.
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