Nvidia (NVDA) stock fell nearly 3% Thursday, extending the AI chipmaker’s 7% decline the prior day after disclosing that the US government had effectively banned exports of its chips to China. Nvidia said in a regulatory filing late Tuesday night that it would take a $5.5 billion hit in the first quarter due to the…
Nvidia is not willing to give up on China. According to a report in Financial Times, Nvidia chief executive officer (CEO) Jensen Huang visited Beijing this week to meet clients and Chinese officials. Huang’s visit comes after new US export restrictions on the chipmaker’s H20 chip that triggered a $5.5bn earnings hit for Nvidia. H20…
Nvidia (NVDA) CEO Jensen Huang reportedly met with Chinese officials in Beijing after the chipmaker disclosed a $5.5 billion loss due to new US chip trade restrictions on exports to China, which sent the stock tumbling on Wednesday. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief with Madison Mills…
Nvidia (NVDA) stock sank as much as 6% early Wednesday after the AI chipmaker disclosed that it would take a $5.5 billion hit from the US government’s surprise new controls on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it would require…
Nvidia CEO Jensen Huang recently called Huawei as the “single most formidable technology company” in China. Speaking to the Financial Times, Huang noted Huawei’s increasing influence in artificial intelligence (AI). He said “Huawei’s presence in AI is growing every single year”, adding “We can’t assume they are not going to be a factor.” Huawei has…
Nvidia (NVDA) CEO Jensen Huang has big plans for the AI data center industry. During the company’s GTC conference, the chip giant’s executive and co-founder debuted Nvidia’s Spectrum-X and Quantum-X silicon photonics networking systems. Networking switches connect multiple Nvidia graphics chips together to act as one giant system. Huang says Spectrum-X and Quantum-X photonics can…
Investors are selling Nvidia shares Thursday, sending the stock down more than 3% after the artificial intelligence giant’s better-than-expected quarterly results the prior evening. What, exactly, is causing the selling? It could be the guidance for its current fiscal 2026 first quarter. While strong, it wasn’t as strong as investors got used to in recent…
Feb 27 – NVIDIA (NVDA, Financial) reported a 78% jump in Q4 FY2025 revenue to $39.3B, citing strong AI chip demand, according to a Wednesday press release. The Santa Clara-based technology firm said data center expansion and the adoption of its Blackwell GPU architecture fueled record-breaking performance in the three-month period ended Jan. 31. Net…
Revenue: $39.3 billion for Q4, up 12% sequentially and 78% year on year; fiscal 2025 revenue was $130.5 billion, up 114% from the prior year. Data Center Revenue: $35.6 billion for Q4, up 16% sequentially and 93% year on year; fiscal 2025 data center revenue was $115.2 billion, more than doubling from the prior year….
Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data center sales. Forward guidance also exceeded estimates. Despite the enormous anticipation of the results, shares dropped 1.5% in after-hours trading. But given the volatile nature of the stock, a bigger move — in either direction…