Nvidia

2024 - 5 - 23

Nvidia's Skyrocketing Success: AI Boom and Financial Feats

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Nvidia's financial results for the first quarter of fiscal 2025 are mind-blowing! Find out how this tech giant is dominating the AI industry.

NVIDIA is riding high on a wave of success, with a reported revenue of $26.0 billion for the first quarter of fiscal 2025. This staggering figure marks an 18% increase from the previous quarter and an astronomical 262% surge from the same period last year. The chipmaker, renowned for its pivotal role in the artificial intelligence (AI) realm, has astounded analysts with its remarkable performance. Not only did NVIDIA exceed expectations, but it also announced a 150% increase in its quarterly dividend and a 10-for-1 stock split, cementing its position as a formidable player in the tech industry.

The AI boom continues to propel NVIDIA to new heights, with the company experiencing stratospheric growth amidst strong demand and unprecedented revenue. As competitors strive to develop their own chips, NVIDIA stands out with its record-breaking achievements. The semiconductor giant's revenue surge of 262% showcases the insatiable appetite for AI technology in today's market. Moreover, NVIDIA's recent earnings report sent shockwaves through Wall Street, surpassing even the loftiest forecasts and igniting a rally in its stock price.

In a historic move, NVIDIA announced a 600% profit increase in its latest earnings report, solidifying its status as an AI powerhouse. The company's AI division has been a major contributor to its exceptional financial performance, setting new standards in the tech sector. Additionally, NVIDIA's decision to split its stock 10-for-1 reflects its confidence in future growth and underscores its commitment to delivering value to shareholders. As NVIDIA continues to lead the charge in AI innovation, the tech world eagerly anticipates its next groundbreaking advancements.

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Image courtesy of "NVIDIA Blog"

NVIDIA Announces Financial Results for First Quarter Fiscal 2025 (NVIDIA Blog)

NVIDIA today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous quarter and up 262% from a year ago.

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Image courtesy of "The Australian Financial Review"

Nvidia earnings: Nvidia forecast shatters estimates as AI boom stays ... (The Australian Financial Review)

The chipmaker at the centre of the artificial intelligence boom also says it will lift its quarterly dividend by 150pc and will split its stock 10-for-1.

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Image courtesy of "The Guardian"

Nvidia reports stratospheric growth as AI boom shows no sign of ... (The Guardian)

Chipmaker reports strong demand and higher-than-expected revenue even as other companies spend to develop their own chips.

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Nvidia's revenue soars 262% on record AI chip demand (Financial Times)

Semiconductor maker also announces a 10-for-1 stock split after quarterly results beat high expectations.

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Image courtesy of "Forbes"

Nvidia Earnings: Stock Rallies As AI Giant Reports 600% Profit ... (Forbes)

Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report Wednesday afternoon, sending shares of the chip designer and ...

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Nvidia Is Making So Much Goddamned Money Right Now (Kotaku Australia)

Nvidia just posted one of the most insane quarterly profits in history, driven by the prodigious output of its AI division.

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Nvidia shatters expectations with record revenue surge (Finance News Network)

The company reported sales of $26.04 billion, surpassing the market's expectation of $24.65 billion and significantly higher than $7.2 billion a year ago. It ...

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Image courtesy of "The Australian Financial Review"

AI: Nvidia's share price is about to plummet, but it's all part of the plan (The Australian Financial Review)

Nvidia boss Jensen Huang knows this is his moment, and he's capitalising on surging demand for his AI chips and his white-hot shares.

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Nvidia Are Splitting 10-For-1 Here's What It Means And How To Profit (Forbes)

Nvidia announced a 10-for-1 forward stock split in today's first-quarter earnings report.

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Nvidia's profits soar as AI boom shows no sign of slowing down (Aljazeera.com)

Nvidia, the chipmaker at the centre of the boom in artificial intelligence (AI), has reported a seven-fold jump in profit, sending its stock to a record ...

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Nvidia announces a 10-for-1 stock split. Here's what investors need ... (Motley Fool Australia)

Nvidia stock has gained 540% since early last year, driven by triple-digit revenue and profit growth resulting from surging demand for AI. Yet that's just the ...

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The Real Reason Nvidia Hiked Its Dividend 150%. (Barron's)

Nvidia announced a big dividend hike and 10 for 1 stock split with its earnings report on Wednesday.

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Image courtesy of "The Australian Financial Review"

NVDA: Investors bet that Nvidia's rally will outpace Magnificent ... (The Australian Financial Review)

Another stunning result from the US chipmaker has prompted calls that Nvidia is on its way to becoming the largest company on the planet, leaving the other ...

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Nvidia Results Exceed Expectations, Driven by 'AI Factories' (pymnts.com)

The AI gold rush is still going strong, judging by earnings reported by chipmaker Nvidia. Revenue was up 262% year over year.

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Image courtesy of "The Japan Times"

Nvidia delivers on AI hype, igniting $140 billion stock rally (The Japan Times)

Its shares rose as much as 7.8% in extended trading on Wednesday, taking them above $1000 for the first time.

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Nvidia Q1 Earnings Preview: Blackwell And The $200B Data Center (Forbes)

Nvidia's management will focus on the H200 in the upcoming Q1 earnings, yet it's the new Blackwell GPUs due in Q3/Q4 that will drive a $200B data center ...

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Nvidia's Enormous Financial Success Becomes . . . Normal (The Next Platform)

For the past five years, since Nvidia acquired InfiniBand and Ethernet switch and network interface card supplier Mellanox, people have been wondering.

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Stock Market Today:Dow Slips 300 Points; Nvidia Earnings Fuel AI ... (The Wall Street Journal)

Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

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Wall Street stocks hit record high as Nvidia market cap powers past ... (Financial Times)

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

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Nasdaq jumps on Nvidia results cheer, inflation woes drag broader ... (Reuters)

S&P 500, Nasdaq scale fresh intraday record highs; Nvidia shares above $1,000 mark after results; Boeing sees negative free cash flow in 2024 ...

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Nvidia CEO Jensen Huang's Net Worth Shoots To $90 Billion—Now ... (Forbes)

The “godfather of AI” is a much richer man thanks to Nvidia stock's more than 20000% increase over the last decade.

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Nvidia Stock Breaks Out On Jaw-Dropping Q1 Results, Outlook (Investor's Business Daily)

AI chip leader Nvidia topped even Wall Street's elevated "whisper numbers" with its fiscal Q1 results and guidance. Nvidia stock rose.

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NVIDIA And The Diversification Paradox (www.forbes.com)

The market remains concentrated, with NVIDIA driving 25% of S&P performance YTD> What does this mean for portfolio managers seeking to benefit from ...

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Nvidia shares pop 10% to record high after forecast signals ... (CNBC)

Nvidia shares surged to a record high Thursday after the company beat earnings and revenue estimates for the fiscal first quarter. · The chipmaker also announced ...

NVIDIA Announces Upcoming Event for Financial Community (NVIDIA Blog)

SANTA CLARA, Calif., May 23, 2024 -- NVIDIA will present at the following event for the financial community: BofA Securities Global Technology ...

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Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes (Yahoo Finance)

(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast ...

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AI Moneymakers: Zoom, Nvidia and Vertiv Cash in On AI-Driven ... (pymnts.com)

Zoom zooms past expectations, while Vertiv's electrifying rise in the AI era is powering the future, one data center at a time.

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Image courtesy of "ABC News"

Live updates: ASX drops on global higher-for-longer interest rate ... (ABC News)

The ASX is following US markets lower as worries about higher interest rates for longer outweigh continued AI optimism in the tech sector, ...

Strong Nvidia earnings fail to lift US markets (Finance News Network)

US stocks experienced a downturn on Thursday, marking the Dow Jones Industrial Average's worst performance of 2024, as a post-earnings boost from Nvidia ...

Nvidia CEO promises to deliver 'a mound of chips' as AI ... (CIO Dive)

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at. Justin Sullivan / Staff via Getty Images. Listen ...

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