Nvidia's AI Chip Surge Drives Record Earnings
Update: 2025-11-20
Description
Nvidias shares surged by over seven percent in after-hours trading following a robust fiscal first-quarter earnings report. The companys revenue reached $26.04 billion, exceeding expectations, and adjusted earnings per share came in at $6.12, higher than anticipated. Nvidias revenue guidance for the next quarter is set at $28 billion, surpassing previous forecasts. Despite concerns about sustainability, Nvidias CEO, Jensen Huang, emphasized the widespread demand for their chips, particularly in the data center sector, which saw a 427% year-over-year increase. The companys next-generation Blackwell AI chip is expected to start shipping in the second quarter, further fueling their growth trajectory.
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