US EditionNvidia reports earnings beat as AI boom pushes data center revenue up 75%
Nvidia's data center revenue surged 75% to $62.3 billion, driving a 73% overall revenue increase and record earnings per share, excluding sales to China, CFO said.
- Nvidia reported strong earnings results, driven by a 75% increase in data center revenue due to AI investments by major tech companies.
- Big tech firms like Alphabet, Microsoft, Amazon, and Meta are expected to spend over $630 billion on data centers and processors by 2026, fueling demand for Nvidia's AI chips.
- While smaller rival AMD is launching new AI chips and partnering with Nvidia's customers, Big Tech companies are also developing in-house chips to meet their AI computing needs.
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109 Articles
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Asian shares mostly rise after Nvidia earnings beat expectations
Asian stock markets have mostly advanced following stronger-than-expected earnings from chipmaker Nvidia, which helped ease some investor fears over the boom in artificial intelligence.
NVIDIA (NASDAQ:NVDA) Issues Earnings Results, Beats Expectations By $0.10 EPS
NVIDIA (NASDAQ:NVDA - Get Free Report) announced its earnings results on Wednesday. The computer hardware maker reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.10. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The business had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. During the same quarter last year, the business post…
Chip manufacturer Nvidia recorded record sales in the fourth quarter and exceeded expectations. The share of the technology giant also increased as a result. The US technology giant Nvidia recorded record sales of 68.1 billion dollars (57.6 billion euros) in the fourth quarter, significantly exceeding market expectations, thus increasing sales by 73 percent compared to the same quarter of the previous year, as the quarterly figures published by …
Nvidia’s strong earnings calm AI bubble fears for now
Nvidia reported stronger-than-expected earnings on Wednesday, possibly calming a jittery market. The figures came as investors appear increasingly anxious about both the demand for AI amid massive spending from tech giants, and how the tech’s widespread use could upend industries like software. Nvidia’s stock rose Wednesday in anticipation of a strong report; asset managers noted that the market’s response is unpredictable given investors’ nerve…
Nvidia's strong quarter and outsized guidance soothe fears of an AI investment bubble
On February 25, Nvidia's blowout fourth-quarter results and bullish fiscal-2027 guidancehelped dispel recent market worries that the AI spending boom may be an unsustainable bubble, as the company reported record sales and signaled continued rapid demand for data‑center compute.
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