Nvidia

2024 - 5 - 23

Nvidia's Meteoric Rise: Revenue Booms, Stock Skyrockets

AI - chip demand - financial results - Nvidia - stock market

Nvidia's financial results are off the charts! Find out how this tech giant is dominating the market.

NVIDIA, the powerhouse in the tech world, has shattered expectations with its first-quarter fiscal results for 2025. The company reported a staggering revenue of $26.0 billion, marking an 18% increase from the previous quarter and an astronomical 262% jump from the previous year. The market was taken by storm as Nvidia's quarterly revenue surged past estimates, reaching $26.04 billion and exceeding predictions at $24.65 billion. This phenomenal performance propelled the stock 9% higher, highlighting the AI-driven boom in chip demand.

Nvidia's dominance in the AI sector is undeniable, with profits skyrocketing over 600% to a remarkable $14.88 billion. The company's position as a leader in AI chips for various applications has been solidified, with its stock exceeding $1000 and breaking boundaries with a 10:1 stock split. The enthusiasm in the market was palpable as investors witnessed Nvidia's incredible first-quarter results and optimistic outlook, driving the stock to new heights.

Nvidia's stronghold in the chip industry shows no signs of slowing down, with a finance chief emphasizing the immediate return on investment for cloud providers utilizing Nvidia's technology. The company's outstanding performance has garnered significant attention, propelling its stock to record-breaking levels. The market is buzzing with excitement as Nvidia continues to pave the way in AI innovation and chip demand, setting new standards in the tech industry.

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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 "Business Standard"

Nvidia forecasts quarterly revenue above estimates, unveils stock split (Business Standard)

First-quarter revenue surged 262% year-over-year to $26.04 billion, beating estimates of $24.65 billion. Net income soared 628% to $14.88 billion.

Nvidia's blowout forecast adds fresh fuel to AI rally; stock jumps 9 ... (The Economic Times)

Nvidia rallied 9% on Thursday as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, lifting shares across the ...

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Image courtesy of "Livemint"

Nvidia profit soars over 600%, shares top $1000: From 10:1 stock ... (Livemint)

Nvidia Corp. has reported blockbuster earnings, with profit and revenue soaring as the company's dominance in chips for artificial intelligence applications ...

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Image courtesy of "CNBC"

Nvidia shows no signs of AI slowdown after over 400% increase in ... (CNBC)

Nvidia finance chief Colette Kress told investors on Wednesday that cloud providers were seeing an "immediate and strong return" on investment.

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Image courtesy of "Investor's Business Daily"

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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Image courtesy of "Aljazeera.com"

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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Image courtesy of "मनी कंट्रोल"

इन म्यूचुअल फंड्स ने Nvidia के शेयरों में लगाया ₹1699 करोड़, क्या आप ... (मनी कंट्रोल)

इसका फायदा उठाने में भारतीय म्यूचुअल फंड भी पीछे नहीं हैं। ACE MF और फिजडम रिसर्च के जुटाए आंकड़ों के मुताबिक, भारतीय म्यूचुअल फंडों ने ...

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Image courtesy of "Financial Times"

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 "Livemint"

Wall Street today: Nvidia shares rally around 12% after bumper ... (Livemint)

Nvidia's bumper revenue forecast boosted investor confidence in the AI-driven boom in chip demand.

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Image courtesy of "CNBC"

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 ...

wall street today: Nasdaq, S&P 500 open higher as Nvidia drives ... (The Economic Times)

The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Thursday, driven by strong gains in chip stocks after Nvidia's upbeat revenue forecast ...

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Image courtesy of "Investopedia"

Nvidia Earnings Surge Pulls Up Nasdaq, Chip ETFs, and Others in ... (Investopedia)

Nvidia shares surged following the chipmaker's better-than-expecting earnings report, boosting major indexes and exchange-traded funds exposed to it, ...

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Image courtesy of "Forbes"

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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Image courtesy of "Reuters"

Stocks fall despite Nvidia boost as inflation concerns weigh (Reuters)

U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia prompted a surge in its shares, but that was overshadowed by economic data ...

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Image courtesy of "The Next Platform"

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.

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's 10-for-1 Stock Split Is Coming—What You Need To Know (Investopedia)

Nvidia announced a 10-for-1 forward stock split along with its blockbuster earnings report Wednesday. · Stock splits increase the number of shares on the market ...

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Image courtesy of "Reuters"

Nvidia adds over $200 billion in market value in post-earnings rally (Reuters)

Shares of Nvidia surged over 9% on Thursday, building on a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven ...

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Image courtesy of "Reuters"

Exclusive: Samsung's HBM chips failing Nvidia tests due to heat and ... (Reuters)

Samsung Electronics' latest high bandwidth memory (HBM) chips have yet to pass Nvidia's tests for use in the U.S. firm's AI processors due to heat and power ...

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Image courtesy of "The Associated Press"

How Nvidia rose to AI prominence (The Associated Press)

Nvidia's stock price has more than doubled this year, increasing the company's market value by more than $1.3 trillion.

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Image courtesy of "Moneycontrol.com"

AI-generated videos to drive more demand for Nvidia chips, CEO ... (Moneycontrol.com)

After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and ...

Nvidia's split of soaring stock could boost retail investor appeal, Dow ... (The Economic Times)

Nvidia's stock split announcement, aiming to attract more retail investors and potentially join the Dow Jones Industrial Average, follows a surge in share ...

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Image courtesy of "The Wall Street Journal"

Stock Market News, May 23, 2024: Indexes Close Lower, Nvidia ... (The Wall Street Journal)

Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: Why is Nvidia splitting its ...

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Image courtesy of "The Economic Times"

Nvidia adds over $200 billion in market value in post-earnings rally ... (The Economic Times)

Shares of Nvidia surged over 9% on Thursday, building on a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven ...

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Image courtesy of "Hindustan Times"

Jensen Huang predicts AI-generated videos will push demand for ... (Hindustan Times)

Jensen Huang said, “You've got 3D video and you've got a whole bunch of stuff you're learning from.”

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Image courtesy of "Reuters"

Nvidia's split of soaring stock could boost retail investor appeal, Dow ... (Reuters)

Nvidia's plan to split its stock after the stunning rise in the chipmaker's share price could lure more interest from retail investors while potentially ...

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Image courtesy of "The Hindu"

AI-generated videos to drive more demand for Nvidia chips, CEO ... (The Hindu)

For chip designer Nvidia, the generative artificial intelligence boom is a gift that keeps on giving.

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Image courtesy of "Financial Director"

Nvidia Latest Earnings: Record-Breaking 2024 Performance (Financial Director)

Explore Nvidia latest earnings report for 2024, which shows a 262% increase in profits, solidifying its leadership in AI and computing technology.

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