Here’s the post with the results for Q1 2025 for Nvidia:
The announcement was not without controversy, if it was a TV show it’d hit the top of the ratings!
Human error in the biggest announcement of the quarter! You can’t make this **** up!
Anyway, the WSJ takes a bigger pic view:
- Nvidia’s business is still booming—even with the company effectively shut out of one of the world’s largest markets for advanced artificial intelligence chips.
- Nvidia reported $44.06 billion in revenue for its fiscal first quarter, which accounted for the inability to ship $2.5 billion of chips to the Chinese market. Total revenue is up 69% from the $26.04 billion for the same period last year and slightly ahead of Wall Street’s consensus target of $43.34 billion in revenue for the April-ending quarter.
- More crucially, the company’s data-center business, which includes chips and other components used in AI computing systems, saw revenue surge 73% year-over-year to $39.1 billion. That was just below the $39.36 billion expected by analysts, according to FactSet estimates.
The Journal is gated, here is the link if you can access it.
This article was written by Eamonn Sheridan at www.forexlive.com.
