Income from Nvidia jump almost 80% at boom chips

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Nvidia’s revenues flew a quarter by the end of January, when the demand for its artificial intelligence is focused on chips.

The company said its sales increased by 78 percent a year to $ 39.3 billion, which is above $ 38.3 billion in the Bloomberg survey. The group expects $ 43 billion for the current quarter, as well as minus 2 percent, approximately in accordance with Wall Rate expectations.

Over the last two years, Nvidia has been among the most popular shares on Wall -Street, helping pull out the whole market above because investors argued that it would be one of the beneficiaries of rapid growth of II.

But the stock collapsed earlier this year after the Chinese AI AI Start-Up Deepseek claimed that it did several breakthroughs in performing complex tasks using less advanced chips than competitors.

Jensen Chief Executive Director Juan on Wednesday abandoned these problems, saying that the statement was that the “strange” demand for Nvidia Blackwell Chips. Data processing centers almost doubled in January, when large technology companies quickly created AI proposals.

However, Blackwell Collout hit some initial tavern, with Production problems and reports of some iteration overheating chips on servers.

Analysts on Wednesday sought assurance that the transition from the previous architecture of the chips continued unobstructed, and that the demand for Blackwell would continue to exceed this year’s supply.

Net profit amounted to $ 22.1 billion, which is 80 percent in the same quarter a year before. However, gross profitability decreased to 73 percent of 76 percent.

Nvidia Chief CEP CEP CHOLOS noted that Margins slipped due to the transition to “more complex and higher” Blackwell systems. She said Blackwell delivered $ 11 billion in profit for the quarter.

Nvidia’s shares have increased by 2 percent in the o’clock in New York, increasing almost 4 percent during a regular session.

This is a developing story