Chip giant Nvidia’s revenue reached 35 billion dollars
Nvidia announced its financial results for the 3-month period ending on October 27, which it considered as the third quarter of the 2025 fiscal year in its balance sheet.
Accordingly, the company’s revenue during the said period increased by 94 percent annually, reaching 35.1 billion dollars.
Nvidia, which increased its revenue by 17 percent compared to the previous quarter, earned $18.1 billion in revenue in the same period last year.
Market expectation was that Nvidia’s revenue in this period would be $33.2 billion.
The chip manufacturer announced its revenue expectation for the current quarter as 37.5 billion dollars.
COMPANY’S PROFIT INCREASED BY 109 PERCENT
Nvidia’s net profit increased by 109 percent annually in the quarter in question, reaching 19.3 billion dollars.
The company, which more than doubled its profit on an annual basis, made a profit of 9.2 billion dollars in the same period last year.
Nvidia’s profit per share, which was 37 cents in the third quarter of fiscal 2024, increased to 78 cents in this period.
The company’s profits beat market expectations.
“COUNTRIES ARE AWARE OF THE IMPORTANCE OF DEVELOPING THEIR OWN NATIONAL ARTIFICIAL INTELLIGENCE”
Nvidia’s Founder and Chief Executive Officer (CEO), Jensen Huang, stated in his statement regarding the financial results that the age of artificial intelligence continues at full speed.
Noting that artificial intelligence has transformed every sector, company and country, Huang said, “Industrial robotics investments are increasing with breakthroughs in physical artificial intelligence. And countries have realized the importance of developing their national artificial intelligence and infrastructure.”
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