Nvidia’s AI Chip Sales Soar: Revenue Jumps 80%! 🤖🚀

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Nvidia, the chip-making behemoth, has left Wall Street in awe with its latest earnings report. The company experienced a nearly 80% increase in revenue year-on-year, thanks to the soaring demand for its artificial intelligence-centered microchips.

In its Feb. 26 earnings report for the 2025 fiscal year and fourth quarter ended Jan. 26, Nvidia announced revenues of $39.3 billion for the quarter – a 12% increase from the previous quarter and a whopping 78% increase from the same quarter a year ago.

Zacks Investment Research revealed that Wall Street revenue estimates had pegged revenue at only $37.72 billion, while earnings per share of 89 cents surpassed expectations of 84 cents.

Nvidia’s founder and CEO, Jensen Huang, attributed the earnings uptick to the “amazing” demand for its microchip Blackwell, designed for AI, machine learning, and high-performance computing.

“AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.”

Nvidia’s data center revenue accounted for over 90% of the firm’s total revenues, reaching $35.6 billion, up 93% from a year ago.

Shares in Nvidia Corp (NVDA) closed trading on Feb. 26, up 3.67% to $131.28, according to Google Finance.

Despite this, the stock is still down from its all-time high set in November when the stock closed at over $147.

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2025-02-27 09:20