CEO Jensen Huang announced plans for an upgraded version of its Blackwell AI platform called Blackwell Ultra, set to launch in 2025
Data center revenue accounted for 86% of the company's total revenue for that period
New AI platform named Rubin is scheduled for release in 2026
Nvidia completed a 10-for-1 stock split, reducing share price from $1,208.88 to $120.88
Nvidia is a leading player in the artificial intelligence (AI) market
Nvidia's gaming segment saw revenue of $2.6 billion during the most recent quarter
Nvidia's stock is now part of the S&P 500 index and holds third place in terms of market value
Revenue for most recent quarter more than tripled compared to the same period a year earlier
Total market value of Nvidia has continued to grow despite reduced individual share prices
Total market value reached third place among US companies, surpassing both Apple and Amazon
Nvidia, a leading player in the artificial intelligence (AI) market, has seen its stock rise after completing a 10-for-1 stock split. The split revised the company's share price from $1,208.88 to $120.88 and aimed to make ownership of Nvidia shares more accessible for a wider range of investors. Despite the reduction in individual share prices, the total market value of Nvidia has continued to grow, with revenue for the most recent quarter more than tripling compared to the same period a year earlier. The company's stock is now part of the S&P 500 index and holds third place in terms of market value. Nvidia's CEO, Jensen Huang, has announced plans for an upgraded version of its Blackwell AI platform called Blackwell Ultra, set to launch in 2025. Additionally, a new AI platform named Rubin is scheduled for release in 2026. Nvidia's gaming segment saw revenue of $2.6 billion during the most recent quarter, while its data center revenue accounted for 86% of the company's total revenue for that period.
Barclays, Susquehanna, and TD Cowen have all raised their price objectives for Nvidia stock following the split-adjusted basis. Barclays analysts increased their price target to $145 after the split, while Morgan Stanley highlighted that Advanced Micro Devices (AMD) shares now run at a higher price point than Nvidia, giving more confidence in upward revisions for AI forecasts. The increase in demand for Nvidia's stock at a lower share price could potentially lead to further growth in the stock's value.
Nvidia is one of the most prominent players in AI and has seen impressive financial results recently. Its total market value reached third place among US companies, surpassing both Apple and Amazon. The company's revenue more than tripled in the latest quarter compared to the same period a year earlier, with Wall Street expecting Nvidia to bring in $117 billion in revenue for fiscal 2025. This would represent close to double its revenue for 2024 and more than four times its earnings from the year before that. Nvidia's estimated net margin is around 53%, significantly higher than both Apple's and Microsoft's net margins in their most recent quarters.
Nvidia stock began trading on a new 10-for-1 split basis, revising its Friday closing price of $1,208.88 to $120.88.
CEO Jensen Huang announced an upgraded version of its Blackwell AI platform, called Blackwell Ultra, is coming in 2025 and an entirely new platform called Rubin set for 2026.
Nvidia’s Data Center revenue in the most recent quarter increased 427% year over year to $22.6 billion, accounting for 86% of the company’s total revenue for the quarter.
Nvidia’s gaming segment saw revenue of $2.6 billion.
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 'Notably, the trend includes the time period from 2000 to 2009, amid the unwinding of the tech bubble.' This statement implies that because Bank of America made this observation in their analysis, it is a valid and accurate statement. However, this does not necessarily mean that it is true or relevant to Nvidia's current situation.
Notably, the trend includes the time period from 2000 to 2009, amid the unwinding of the tech bubble.
Nvidia's revenue more than tripled in the latest quarter compared to the same period a year earlier.
Nvidia is one of the most prominent players in AI and has produced eye-popping numbers recently.
Accuracy
Nvidia's Data Center revenue in the most recent quarter increased 427% year over year to $22.6 billion, accounting for 86% of the company’s total revenue for the quarter.
:max_bytes(150000):strip_icc()/GettyImages-21530444671-668e93f744ee4cb5a74fa1488ed06de2.jpg)
