Nvidia Reports Record-Breaking $26.0 Billion Revenue in Q1 FY2025: Data Center Business Surges 427% Amid Expansion of Generative AI

Santa Clara, California United States of America
Data Center business saw record revenue of $22.6 billion, representing a 427% gain from a year ago.
Generative AI expansion created multiple multibillion-dollar vertical markets for Nvidia in various industries.
Nvidia announced ten-for-one forward stock split effective June 7, 2024 and raised quarterly cash dividend by 150%.
Nvidia reported $26.0 billion revenue in Q1 FY2025, a 18% increase from previous quarter and 262% surge from a year ago.
Nvidia's Blackwell platform is now in full production and serves as foundation for trillion-parameter-scale generative AI.
Spectrum-X opens new market for Nvidia to bring large-scale AI to Ethernet-only data centers.
Nvidia Reports Record-Breaking $26.0 Billion Revenue in Q1 FY2025: Data Center Business Surges 427% Amid Expansion of Generative AI

Nvidia, a leading technology company in the artificial intelligence (AI) industry, reported impressive financial results for the first quarter of fiscal 2025. The company's revenue reached an all-time high of $26.0 billion, marking a significant 18% increase from the previous quarter and an astonishing 262% surge from a year ago.

The Data Center business, which is crucial for Nvidia's growth in the AI space, saw record revenue of $22.6 billion. This represents a substantial 23% increase compared to the previous quarter and an impressive 427% gain from a year ago.

Nvidia's CEO, Jensen Huang, announced that generative AI has expanded to various industries such as consumer internet companies, enterprise, sovereign AI, automotive and healthcare. This expansion has created multiple multibillion-dollar vertical markets for Nvidia.

The Blackwell platform is now in full production and serves as the foundation for trillion-parameter-scale generative AI. Additionally, Spectrum-X opens a new market for Nvidia to bring large-scale AI to Ethernet-only data centers.

Nvidia also announced a ten-for-one forward stock split effective June 7, 2024, and raised the quarterly cash dividend by 150% to $0.01 per share on a post-split basis.

Despite these impressive results, Nvidia faces growing competition from in-house AI chips from major tech giants like Amazon and Alphabet. The company has also had to contend with US restrictions on exports of advanced AI chips to China.


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Nvidia shows no signs of AI slowdown after over 400% increase in data center business

CNBC News Kif Leswing Thursday, 23 May 2024 00:13
  • Unique Points
    • Nvidia’s data center business grew 427% in the latest quarter due to increased demand for artificial intelligence processors.
    • The company signaled to investors that its clients would be able to make money off AI, suggesting the AI boom may have room to run.
    • Nvidia CEO Jensen Huang mentioned OpenAI, Google, Anthropic, and up to 20,000 generative AI startups competing for GPU access from cloud providers.
    • Meta has declared its intention to spend billions on 350,000 Nvidia chips despite not being a cloud provider.
    • First customers for the new Blackwell chips include Amazon, Google, Meta, Microsoft, OpenAI, Oracle, Tesla and Elon Musk’s xAI.
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The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

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Nvidia’s incredibly pricey shares are about to get much cheaper

CNN News Site: In-Depth Reporting and Analysis with Some Financial Conflicts and Sensational Language Samantha Delouya, Wednesday, 22 May 2024 21:01
  • Unique Points
    • Nvidia announced a 10-for-1 stock split on Wednesday.
    • Five years ago, an investor could have purchased Nvidia stock for less than $50 a share.
    • A single share in the company was worth $949.50 as of Wednesday’s close.
    • Nvidia expects revenue for the current quarter to grow approximately 107% year-over-year.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The article contains an appeal to authority fallacy when it states 'Nvidia is crucial to the burgeoning AI space. The American chipmaker is unmatched in producing processors that power artificial intelligence systems, including for generative AI, the buzzy new technology that can create text, images and other media.' This statement implies that Nvidia's dominance in the field of AI is a fact, but it is actually an opinion. The article also contains an inflammatory rhetoric fallacy when it states 'The company has become something of a bellwether for the larger AI boom that has been driving the recent market rally.' This statement implies that Nvidia's importance to the AI industry is causing the market rally, but it does not provide any evidence to support this claim.
    • ]The American chipmaker is unmatched in producing processors that power artificial intelligence systems[
    • The company has become something of a bellwether for the larger AI boom that has been driving the recent market rally
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99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

NVIDIA Announces Financial Results for First Quarter Fiscal 2025

NVIDIA News Thursday, 23 May 2024 01:55
  • Unique Points
    • NVIDIA reported revenue of $26.0 billion for the first quarter of fiscal 2025, a 18% increase from the previous quarter and a 262% increase from a year ago.
    • GAAP earnings per diluted share was $5.98, up 21% from the previous quarter and up 629% from a year ago.
    • Non-GAAP earnings per diluted share was $6.12, up 19% from the previous quarter and up 461% from a year ago.
    • Record quarterly Data Center revenue of $22.6 billion, up 23% from Q4 and up 427% from a year ago.
    • Quarterly cash dividend raised 150% to $0.01 per share on a post-split basis
    • NVIDIA announced a ten-for-one forward stock split effective June 7, 2024.
    • Generative AI has expanded to consumer internet companies, enterprise, sovereign AI, automotive and healthcare customers creating multiple multibillion-dollar vertical markets.
    • The Blackwell platform is in full production and forms the foundation for trillion-parameter-scale generative AI.
    • Spectrum-X opens a brand-new market for NVIDIA to bring large-scale AI to Ethernet-only data centers.
    • NVIDIA NIM is a new software offering that delivers enterprise-grade, optimized generative AI to run on CUDA everywhere from the cloud to on-prem data centers and RTX AI PCs through ecosystem partners.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The article contains several instances of inflammatory rhetoric and appeals to authority by Jensen Huang. However, no formal or informal fallacies were found in the text provided.
    • ][Jensen Huang] The next industrial revolution has begun [[/...]]
    • ][Jensen Huang] AI will bring significant productivity gains to nearly every industry and help companies be more cost- and energy-efficient, while expanding revenue opportunities.[[/...]]
    • ][Jensen Huang] We are poised for our next wave of growth.[[/...]]
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100%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

NVIDIA Announces Financial Results for First Quarter Fiscal 2025

Yahoo Finance Unknown NVIDIA Thursday, 23 May 2024 01:56
  • Unique Points
    • NVIDIA reported revenue of $26.0 billion for the first quarter ended April 28, 2024, up 18% from the previous quarter and up 262% from a year ago.
    • GAAP earnings per diluted share was $5.98 for the quarter, up 21% from the previous quarter and up 629% from a year ago.
    • Non-GAAP earnings per diluted share was $6.12 for the quarter, up 19% from the previous quarter and up 461% from a year ago.
    • Record quarterly Data Center revenue of $22.6 billion, up 23% from Q4 and up 427% from a year ago.
    • Quarterly cash dividend raised 150% to $0.01 per share on a post-split basis
    • Jensen Huang, founder and CEO of NVIDIA, stated that the next industrial revolution has begun and AI will bring productivity gains to nearly every industry.
    • Generative AI training and inference on the Hopper platform drove data center growth for NVIDIA.
    • Demand for generative AI has expanded to consumer internet companies, enterprise, sovereign AI, automotive and healthcare customers, creating multiple multibillion-dollar vertical markets.
    • The Blackwell platform is in full production and forms the foundation for trillion-parameter-scale generative AI.
    • Spectrum-X opens a new market for NVIDIA to bring large-scale AI to Ethernet-only data centers.
    • NVIDIA has a new software offering called NVIDIA NIM that delivers enterprise-grade, optimized generative AI to run on CUDA everywhere.
  • Accuracy
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