US EditionNvidia sales grow 78% on AI demand, company gives strong guidance
- Nvidia reported revenue of $39.3 billion for the fourth quarter, a 78% increase from last year, surpassing Wall Street expectations for revenue of $38.1 billion according to FactSet.
- Nvidia's profit rose by 80% to $22.09 billion, driven by strong demand for its Blackwell AI chips, which are used in AI systems.
- Nvidia's Founder Jensen Huang stated, 'Demand for Blackwell is amazing as reasoning AI adds another scaling law,' highlighting the growth in AI applications.
- Despite challenges from U.S. Chip export restrictions, Nvidia projects revenue growth to $43 billion in the current quarter, exceeding analyst predictions.
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JB Capital LLC Has $8.20 Million Holdings in NVIDIA Co. (NASDAQ:NVDA)
JB Capital LLC grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 64.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,045 shares of the computer hardware maker’s stock after acquiring an additional 23,888 shares during the period. JB Capital LLC’s holdings in NVIDIA were worth $8,198,000 at the end of the most recent quarter. A number of other hedg…
Bulls vs. Bears: Nvidia Q4 results divide SA community - Business Fast
David Becker/Getty Images News Nvidia Corporation (NASDAQ:NVDA) was the subject of a wide range of ratings from Seeking Alpha analysts as shares of the semiconductor giant fell this week, even after its Q4 2024 financials and full-year outlook released on Wednesday exceeded READ SOURCE The post Bulls vs. Bears: Nvidia Q4 results divide SA community appeared first on Business Fast.
Keys to the results of Nvidia
We talked with Fernando Hales, Portfolio Manager of the Silicon Fund and partner of DVA Capital, about the recent results of Nvidia, the second most valuable company in the market and responsible for a fifth of the profitability of the S&P during the year 2024.
Nvidia CEO Jensen Huang Predicts the Next Big Thing After ‘Agentic A.I’
A.I. agents may be all the rage right now, but Nvidia CEO Jensen Huang is already looking beyond the hype. A.I.’s next phase will be “physical A.I.,” he said during Nvidia’s fourth-quarter earnings call yesterday (Feb. 26). Physical A.I. is a form of A.I. systems that can interact directly with the real world and encompasses products like autonomous vehicles and robots. “Now is the beginning of the agentic A.I. era, and you hear a lot of people …
Nvidia’s Q4 result: Blackwell chips propel record growth of nearly 80% amid AI boom
Nvidia Earning Report: For the three months ending January 26, Nvidia posted revenue of $39.3 billion, a 12 per cent increase from the previous quarter and a remarkable 78 per cent jump from the same period a year earlier.
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