Nvidia Beats Expectations with Strong Quarterly Earnings Despite Export Controls
- Nvidia reported strong quarterly earnings on May 28, 2025, with $44.1 billion revenue and $18.8 billion profit despite export restrictions affecting China sales.
- The results came amid new U.S. Export controls requiring licenses for key H20 GPUs, which caused a $4.5 billion charge and limited Nvidia's China market access.
- Nvidia's data center revenue rose 10% year-over-year to $39.1 billion, driven by high demand for Blackwell AI supercomputers and gaming chips achieving record $3.8 billion sales.
- CEO Jensen Huang said AI is now essential infrastructure and noted that the $50 billion China AI chip market is "effectively closed to us," while analysts warned rising competition and geopolitical risks.
- Nvidia’s stock rose about 6% in premarket trading as the company beat expectations, but sustaining dominance will require managing complex geopolitical, competitive, and economic challenges.
94 Articles
94 Articles
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