Nvidia's AI Chips Soar, Blackwell in Production
Update: 2025-11-20
Description
Nvidias shares surged by over seven percent in after-hours trading following their fiscal first-quarter earnings report, which exceeded expectations and forecasted robust growth. The companys revenue hit twenty-six point zero four billion dollars, with data center revenue, including AI chips, soaring by four hundred and twenty-seven percent year-over-year. Nvidias CEO, Jensen Huang, highlighted the increasing demand for AI technology, and the company announced the full production of their next-generation AI chip, Blackwell, set to ship in the third quarter. Despite analyst warnings, Nvidias earnings report suggests sustained growth due to strong demand for their AI chips.
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