Recently, chip manufacturer NVIDIA released its latest financial report, showing revenue of $30.04 billion, a staggering 122% increase compared to the same period last year. This result exceeded analysts' expectations, who had initially forecasted revenue to be around $28.7 billion. Despite a more than 3% drop in NVIDIA's stock price in after-hours trading, it does not affect its leading position in the industry.
NVIDIA's founder and CEO, Jensen Huang, stated during the earnings call that the company is expected to ship more chips and hardware next year than in any year in its 31-year history. He emphasized that the company's growth rate is closely related to the increasing complexity of AI models. NVIDIA aims to achieve higher practical value by reducing costs and expanding the scale of AI models, thereby driving a new industrial revolution.
According to NVIDIA's report, revenue from data centers reached $26.3 billion, a year-on-year increase of 154%. This revenue is the most closely watched financial indicator of the company. Meanwhile, the current series of NVIDIA's graphics processing units, known as Hopper, continue to enjoy strong demand, and the upcoming release of the next-generation AI chip, Blackwell, is highly anticipated, although its launch has been delayed by a few months.
The financial reports of major tech companies such as Microsoft, Amazon, Meta, and Google show a continuous growth in AI demand, with these companies increasing their capital expenditure. Analysts believe that despite the efforts of competitor AMD to catch up, NVIDIA, with its technological advantages, will still maintain a leading position in the AI chip market.
It is worth noting that NVIDIA holds a 6% share in the S&P 500 index and currently ranks as the world's third-largest company with a market capitalization of $3.1 trillion. The recent rise in the stock market is closely related to NVIDIA's performance, and investors generally believe that NVIDIA's performance has a significant impact on the overall market.
Although investors have high expectations for NVIDIA, there are also voices within the industry reminding that the current heavy investment in AI has not yet yielded significant profit returns. Whether future developments will proceed as expected remains to be seen.
Key Points:
🌟 NVIDIA's latest financial report shows revenue of $30.04 billion, a 122% year-on-year increase, exceeding market expectations.
💻 Data center revenue grew by 154% year-on-year, reflecting strong AI demand.
📉 Despite a drop in stock price, NVIDIA's leading position in the AI chip market remains solid.