Nvidia, a leading chip manufacturer, exceeded expectations on Wall Street with its latest earnings, showing an almost 80% increase in revenue year-over-year driven by sales of its AI-focused microchips. In its earnings report for the fourth quarter of the 2025 fiscal year, Nvidia reported revenues of $39.3 billion, up 12% from the previous quarter and 78% from the same quarter a year ago. Despite Wall Street estimates predicting lower revenue, Nvidia's earnings per share of 89 cents surpassed expectations of 84 cents. CEO Jensen Huang credited the strong performance to high demand for the microchip Blackwell, designed for AI, machine learning, and high-performance computing. The company's data center revenue, which accounted for over 90% of total revenues, reached $35.6 billion, marking a 93% increase from the previous year.
Nvidia Beats Wall Street Expectations with Nearly 80% Jump in Revenue
2025-02-27 15:48:04 Primitive Reading
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