Nvidia sales grow 78% on AI demand, company gives strong guidance
Publishing timestamp: 2025-02-26 17:00:01
Summary
Nvidia reported fourth-quarter earnings that beat expectations, with revenue rising 78%. The company provided strong guidance for the current quarter, signaling confidence in continued growth driven by artificial intelligence. Shares were flat in extended trading. The company's data center revenue has surged, with a focus on shipping its next-generation AI processors. CEO Jensen Huang mentioned strong demand for Blackwell, the fastest product ramp in the company's history. Despite concerns about competition and slowing growth, Nvidia remains optimistic about its future prospects.
Sentiment: POSITIVE
Tickers: NVDA,
Keywords: microsoft corp, dividends, technology, business news, earnings, apple inc, nvidia corp, jensen huang, breaking news: technology, business, mobile,
Source: https://www.cnbc.com/2025/02/26/nvidia-nvda-earnings-report-q4-2025.html