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NVIDIA’s profits and revenues have skyrocketed during the quarter until the end of January, while technological companies to build artificial intelligence infrastructure continued to fuel boom for its advanced chips.
The company said its sales increased by 78% from one year to another to 39.3 billion dollars, which is greater than an estimates in a Bloomberg survey of $ 38.3 billion. The group plans to generate income of $ 43 billion for the current quarter, more or less 2%.
Nvidia had been among the most efficient actions of Wall Street in the past two years, helping to attract the wider market, because investors bet that it would be one of the main beneficiaries of the rapid growth of AI.
But the actions fell this year after the Chinese AI start-up Deepseek said it could form models on less advanced fleas than competitors such as OpenAi based in the United States.
The chief executive officer, Jensen Huang, in a statement, raised the shoulders on Wednesday of these concerns, saying that there was an “incredible” demand for the new Blackwell chips from Nvidia. The income from the data center almost doubled during the January quarter, while large technological companies quickly built AI offers. Blackwell delivered $ 11 billion in revenue for the quarter.
Huang specifically addressed Deepseek during a call with analysts, saying that new “reasoning” models such as DEEPSEEK R1 consume much more important quantities of power of the AI chip than their predecessors, and its sudden arrival on the scene had “lit global enthusiasm” for technology.
“Threats or deep disturbances were not obvious in the request of Blackwell fleas or income from the data center,” said Dec Mullarkey, CEO of SLC Management. “Income was not an eruption, but they also did not show flagrant vulnerabilities.”
The deployment of Blackwell struck some initial hooks, with production problems and reports of certain iterations of the chip overheating in the servers. But the results of Wednesday suggested that the transition from the previous Chip architecture took place gently.
The net profit was $ 22.1 billion, up 80% compared to the same quarter of the previous year, even if operating expenses increased by almost 50%.
Colette Kress, financial director of Nvidia, noted that the beneficiary margins had slipped due to the transition to Blackwell systems “more complex and more expensive”.
The company’s shares have been little changed in agitated trade in New York, which increased by almost 4% during the regular session.
Analysts also reported before Wednesday’s uncertainties on how new potential American exports and prices could affect Nvidia’s trajectory. It is exposed to geopolitical tensions between Washington and Beijing as they engage in a arms race on AI technology.
A new “AI dissemination” export control regime was also offered in the last days of Joe Biden administration, aimed at making China more difficult to use other countries to bypass American export restrictions on AI fleas.
Nvidia has taken the rare stage to publicly criticize the rules, saying that they would weaken competitiveness and undermine innovation. But the administration of Donald Trump has shown few signs of reversal of course on attempts to reprimand China access to advanced flea. The president threatened new prices on Taiwan semiconductors.
On the prices, “at this stage, it’s a bit unknown. . . Until we understand more what the US government plan is, “said Kress.
George Steer additional report
