Nvidia's Q1 earnings report shakes the market with a 262% sales jump and a stock split announcement! Find out more here.
NVIDIA, the powerhouse in AI chip manufacturing, has just released its financial results for the first quarter of fiscal year 2025, and the numbers are mind-blowing! With a revenue spike of 18% from the previous quarter, reaching a staggering $26.0 billion, it's clear that Nvidia is dominating the market. The hype doesn't stop there; investors are buzzing with anticipation as Nvidia's Q1 earnings preview hints at a game-changing $200B data center boost driven by their upcoming Blackwell GPUs.
As the market anxiously awaited Nvidia's quarterly report, whispers of a 'monster' performance spread like wildfire. The company's stock reacted positively to the news of a 262% sales surge, reflecting the continuing AI boom that Nvidia is capitalizing on. With a streak of quadruple-digit growth in sales and earnings for the fourth consecutive quarter, Nvidia is setting a new standard in the industry.
In a surprising move, Nvidia announced a 10-for-1 stock split following the impressive quarterly results, causing a stir in the financial world. Investors are closely monitoring Nvidia's strategic decisions as they navigate through the evolving AI landscape, with expectations running high for future developments and market responses.
In parallel, TD SYNNEX's expansion of its partnership with Nvidia to Ireland signifies a growing global footprint for Nvidia's enterprise software and accelerated computing products. This strategic move further cements Nvidia's position as a key player in the tech industry, paving the way for innovative collaborations and market expansion opportunities.
With Nvidia's revenue soaring, a record-breaking stock split, and relentless growth in the AI chip sector, the tech giant continues to push boundaries and redefine industry standards. As Nvidia's trajectory remains on an upward trend, the world eagerly anticipates the next groundbreaking innovations and market-shaping announcements from this industry leader.
SANTA CLARA, Calif. -- NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous ...
Nvidia's management will focus on the H200 in the upcoming Q1 earnings, yet it's the new Blackwell GPUs due in Q3/Q4 that will drive a $200B data center ...
Just as Glastonbury go'ers might love a bit of Paul Heaton, Paloma Faith and Sza, it's Coldplay and Dua Lipa that will headline the Pyramid stage this ...
U.S. stocks fell on Wednesday as investors digested minutes of the Federal Reserve's most recent meeting ahead of quarterly results from AI chipmaker Nvidia ...
Nvidia reported fiscal first-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose in extended trading.
Nvidia's fiscal Q1 results marked its fourth straight quarter of triple-digit percentage growth in sales and earnings. For the current quarter, Nvidia expects ...
Nvidia shares slipped in Wednesday trading, retreating from yesterday's record high, ahead of its financial results due after the closing bell.
Chipmaker also announces a 10-for-1 stock split after quarterly results beat high expectations.
Chipmaker reported strong demand and higher-than-expected revenue even as other companies spend to develop their own chips.
Nvidia is set to report first-quarter earnings after markets close Wednesday, with analysts and traders anticipating moves in the chipmaker's stock price ...
TD SYNNEX has extended its partnership with NVIDIA to Ireland, enabling the distribution of NVIDIA enterprise software and accelerated computing products ...
Nvidia forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing ...
Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report Wednesday afternoon, sending shares of the chip designer and ...
The AI gold rush is still going strong, judging by earnings reported by chipmaker Nvidia. Revenue was up 262% year over year.
Nvidia forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing ...
Nvidia, the chipmaker at the centre of the boom in artificial intelligence (AI), has reported a seven-fold jump in profit, sending its stock to a record ...
What's going on here? Nvidia โ the chipmaker at the center of the AI frenzy that's driven US. stocks. to record highs โ reported its hotly awaited quarterly ...
Nvidia announced a 10-for-1 forward stock split in today's first-quarter earnings report.
Nvidia boss Jensen Huang knows this is his moment, and he's capitalising on surging demand for his AI chips and his white-hot shares.
Nvidia Corp shares rose more than 6% in after-hours trades after Wall Street's darling stock of the artificial intelligence revolutions smashed forecasts...
Nvidia started off its FY25 with a continued display of its dominance of the market for GPU computing power, as the hyperscalers in particular have ...
We're raising our fair value estimate for the stock after another stellar set of quarterly results.
The AI computing company is bundling all its hardware products together when it sells its newest product Blackwell.
Nvidia said the forward stock split would โmake stock ownership more accessible to employees and investorsโ. However, Dan Coatsworth, investment analyst at AJ ...
Nvidia's boss, Jensen Huang, expects 'a lot' more revenue to come in from its Blackwell chips this year.
Nvidia CEO Jensen Huang expects AI-generated videos to skyrocket the need for the company's graphics processors, propelling its success to greater heights. What ...
For the past five years, since Nvidia acquired InfiniBand and Ethernet switch and network interface card supplier Mellanox, people have been wondering.
The AI boom is still fuelling extraordinary growth at NvidiaThe AI chip and software specialist has reported a year-on-year revenue increase of 262% for its ...
Nvidia shares topped $1000 for the first time yesterday after it's Q1 fiscal results surpassed high expectations.