Nvidia reported stronger-than-expected earnings for its fourth quarter, driven by high demand for its AI-powered chips, particularly the Blackwell GPU. The company delivered revenue of $39.33 billion, exceeding analyst estimates of $38.25 billion and year-over-year growth of 78%.
The results alleviated concerns about a potential slowdown in demand for Nvidia’s high-end chips, sparked by Chinese AI company DeepSeek’s lower-cost model. However, the chipmaker faces challenges as it ramps up production of its Blackwell GPU, with gross margins under pressure.
Nvidia CEO Jensen Huang praised the response to Blackwell, calling demand “extraordinary” and attributing it to a “world-class reasoning AI model.” The company also provided upbeat guidance for the first quarter, predicting $43 billion in revenue. Despite this, Nvidia’s stock saw volatility after-hours trading, dipping 2% before leveling out.
The report marks a positive start to Q1 earnings season, with analysts eagerly watching how other chipmakers respond to changing market conditions and increased competition from emerging AI companies like DeepSeek.
Source: https://www.businessinsider.com/nvidia-stock-earnings-report-call-live-updates-2025-2