Nvidia's AI Chips Drive Record Quarter, Shares Surge
Update: 2025-11-20
Description
Nvidias shares surged in after-hours trading following impressive Q1 results, beating Wall Streets expectations for revenue and earnings. The companys Data Center segment, driven by AI chips, saw a 427% year-over-year increase. Nvidias CEO, Jensen Huang, highlighted the present reality of AI and confirmed the upcoming Blackwell chip, expected to be 30 times faster than previous models. This performance boosts investor confidence in the AI sector, with major tech companies relying on Nvidias chips for their AI systems.
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