Nvidia

2024 - 8 - 28

Nvidia's Earnings: Double the Revenue, Half the Expectations!

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Nvidia dazzles with record earnings, yet stock price takes a tumble! What gives?

Nvidia, the chipmaker that’s become synonymous with the AI boom, has recently reported astonishing revenue figures that are turning heads on Wall Street. For the second quarter of fiscal 2025, Nvidia announced a revenue of $30.0 billion, marking a staggering 122% increase compared to this time last year. As the third most valuable company in the world, it’s clear that demand for AI-driven chips is surging. Analysts and tech enthusiasts alike have kept a hawk's eye on Nvidia's earnings, which have started to rival US jobs reports in terms of economic impact.

However, this seemingly perfect picture comes with a twist! Despite outperforming Wall Street expectations yet again, Nvidia's stock price didn’t soar; in fact, it dipped slightly post-announcement. This perplexing reaction from investors brings about questions: Are they expecting too much from this tech darling? Some analysts speculate that the overwhelming anticipation and almost sky-high expectations might be the real culprits behind the stock's mixed performance. Nvidia's revelations now serve as a bellwether for the overall health of the tech stock market, making them all the more critical.

In addition to Nvidia’s remarkable earnings report, the AI industry continues to flourish with CoreWeave claiming a significant milestone. They have become the first cloud provider to market the much-coveted NVIDIA H200 Tensor Core GPUs, showcasing the scramble for AI resources and compute power in today's tech landscape. With impressive revenue growth, this seems just the tip of the iceberg for what the AI market could achieve, powering everything from advanced data analysis to next-gen gaming.

However, in a world brimming with data and chip demand, Nvidia's journey is bound to be rocky. It forecasts revenue for the third quarter around $32.5 billion, slightly above market averages, but can it maintain this growth trajectory? With a consistent consumer thirst for AI-tech, the pressure is on Nvidia to not only meet but exceed expectations in the coming quarters. Watch out for this enormous beast in tech—whether it’s riding a wave of success or navigating the volatility, there's never a dull moment!

Interestingly, did you know that Nvidia's chips are at the heart of many AI applications, from self-driving cars to healthcare diagnostics? Their dominance in the GPU market has positioned them as key players in the tech revolution. Additionally, Nvidia's growth starkly contrasts the overall tech sector's performance decline last year, highlighting their unique position in the market.

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Image courtesy of "The Guardian"

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Chipmaker, third most valuable company in world, records $30.04bn in revenue, showing AI demand continues to rise.

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Image courtesy of "Sky News"

Nvidia earnings spark rare share price fall across US tech stocks (Sky News)

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Nvidia earnings now rival US jobs report for impact on markets (Financial Times)

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Image courtesy of "NVIDIA Blog"

NVIDIA Announces Financial Results for Second Quarter Fiscal 2025 (NVIDIA Blog)

NVIDIA today reported revenue for the second quarter ended July 28, 2024, of $30.0 billion, up 15% from the previous quarter and up 122% from a year ago.

Chipmaker Nvidia will report quarterly earnings and the data will be ... (Boise State Public Radio)

The chip company Nvidia is the darling of the AI boom. Can its closely-watched earnings live up to the hype?

CoreWeave First to Market with NVIDIA H200 Tensor Core GPUs ... (PRNewswire)

PRNewswire/ -- CoreWeave, the AI Hyperscaler™, today announced that it is the first cloud provider to bring NVIDIA H200 Tensor Core GPUs to market.

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Image courtesy of "CNBC"

Nvidia reports 122% revenue growth on surging demand for data ... (CNBC)

Nvidia reports 122% revenue growth on surging demand for data center chips · Nvidia reported earnings after the bell that beat Wall Street expectations, and ...

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Image courtesy of "The New York Times"

Nvidia Earnings: Revenue Jumps 122%, a Positive Sign for AI Boom (The New York Times)

Expectations for the chipmaker have been through the roof because of its dominance in a key component for artificial intelligence systems.

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Image courtesy of "Financial Times"

Nvidia shares fall even as revenue more than doubles (Financial Times)

Solid growth due to AI chip demand fails to meet Wall Street's highest hopes.

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Image courtesy of "The Irish Times"

Nvidia forecasts third-quarter revenue in line with market (The Irish Times)

The company forecast revenue of $32.5 billion (€29 billion), plus or minus 2%, for the third quarter, compared with analysts' average estimate of $31.77 billion ...

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Image courtesy of "CNN"

Nvidia beat earnings expectations again. Investors aren't impressed (CNN)

Nvidia once again beat Wall Street's expectations when it reported earnings on Wednesday. But for a company that's been on a stunning growth streak over the ...

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Nvidia earnings now rival US jobs report for economic impact (The Irish Times)

The company's results, due late on Wednesday, will have implications for other tech stocks.

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Image courtesy of "Forbes"

Nvidia Tops Expectations Again After Reporting Record Revenues (Forbes)

Nvidia shares are up more than 150% on the year amid a demand surge for its AI-powering chips.

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Breaking down future returns in tech ahead of Nvidia earnings (Wealth Professional)

Mersch is a portfolio manager with purpose investments specializing in technology. He explained how tech investors have digested recent volatility in the space.

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Interview: Post-Earnings Insight With Nvidia CFO Colette Kress (The Next Platform)

After Wall Street closed the markets for the day and Nvidia reported its financial results for the second quarter of fiscal 2025, we had the opportunity.

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Image courtesy of "BBC News"

AI chip giant Nvidia's shares sink despite record sales of $30bn (BBC News)

The California-based technology giant has been one of the biggest beneficiaries of the AI boom.

Nvidia reports big earings, but still falls flat in the eyes of investors (KMUW)

AILSA CHANG, HOST: Wall Street analysts are calling today their Super Bowl. The chip company Nvidia reported blockbuster earnings this afternoon, but that ...

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Nvidia fails to impress growth-hungry investors (RTE.ie)

Nvidia's quarterly forecast failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future ...

Nvidia reports big earings, but still falls flat in the eyes of investors (KUAR)

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Nvidia seals a market regime change (Financial Times)

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Nvidia reports big earings, but still falls flat in the eyes of investors (Boise State Public Radio)

AILSA CHANG, HOST: Wall Street analysts are calling today their Super Bowl. The chip company Nvidia reported blockbuster earnings this afternoon, but that ...

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Image courtesy of "The Guardian"

Nvidia profits fail to spark share price rally; UK car production falls ... (The Guardian)

Live coverage as chip company beats analyst expectations but share price falls 7% in after hours trading.

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Image courtesy of "The Guardian"

Nvidia shares fall after investors spooked by slowing growth (The Guardian)

Doubling of quarterly revenues fails to allay concerns about production delays to its next-generation of AI chips.

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Image courtesy of "Siliconrepublic.com"

Nvidia stock falls despite revenue soaring 122pc (Siliconrepublic.com)

Nvidia continues to see massive revenue boosts thanks to the AI boom and earned $30bn last quarter, but its stock price still dropped.

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Image courtesy of "CNBC"

Nvidia shares dip in premarket trade despite earnings beating ... (CNBC)

Nvidia shares fell in premarket trading on Thursday despite its fiscal second-quarter results beating estimates.

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