Nvidia revenues up 80% from ‘amazing’ demand for AI chips
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
Chip-making giant Nvidia has beaten Wall Street expectations with its latest earnings, with a nearly 80% jump in revenue year-on-year due to sales of its artificial intelligence-centered microchips.
In a Feb. 26 earnings report for its 2025 fiscal year and fourth quarter ended Jan. 26, Nvidia announced revenues of $39.3 billion for the quarter — up 12% from its previous quarter and up 78% from the same quarter a year ago.
Zacks Investment Research said Wall Street revenue estimates pegged revenue at only $37.72 billion, while earnings per share of 89 cents beat expectations of 84 cents.
