Nafidia The profits of the second mixed quarter were reported On Wednesday, some market expectations are met, but among the missing persons.
The company recorded revenues of 46.74 billion dollars, an increase of 56 % over last year. The number is higher than 45 billion dollars in profit guidelines in the last quarter, and it is barely higher than the expected market consensus of $ 46.23 billion, According to Bloomberg.
The profits of the equivalent of the share amounted to $ 1.05, higher than the average market estimate of $ 1.01.
Nearly $ 41.1 billion of these revenues from the company’s data centers company, which increased by 56 % from last year, was absent, but missed the expectation of the market consensus of $ 41.29 billion.
The shares have initially decreased by 4 % on the databases they miss, but since these gains have regained about 2 %.
NVIDIA has also announced that it had approved an additional $ 60 billion for shares, a step that usually aims to investors but has not stopped fluctuating stock prices in post -market trading.
Before the report
The S&P 500 rose before the profit results, reaching a record height of 6481.40 on Wednesday before quarterly profits from the largest company in the world, Chipmaker Nvidia.
“NVIDIA will make compressed gains over the next nine months, as well as a mass revenue base,” said Gaid Ilterrock, the director of the preservative at the Argent Capital. Reuters said. “Investors must prepare themselves for a world where NVIDIA is a percentage of two number of S&P 500.”
Why NVIDIA’s market profits move a lot?
NVIDIA dominates the artificial intelligence market, which means that the results of the company’s profits are very expected every quarter. But the risks were especially high on Wednesday’s profits.
Last month, Nvidia became the first to hit A market value of 4 trillion dollarsAnd the pressure on the technology giant was to justify this evaluation.
The weight of investors was also talking about the artificial intelligence bubble, which stems from a worry Artificial Intelligence Report From the Massachusetts Institute of Technology. The report caused investors that despite bold investments, AI Pilot programs in the companies of companies in translation failed to gain gains.
The investor’s concerns were neglected when in the same week, the CEO of Openai Germany confirmed that he believed Amnesty International bubble.
Trump/China trade tensions on NVIDIA
In May, NVIDIA CEOs had to review their revenue expectations for this quarter, a decrease of about 8 billion dollars due to President Trump’s decision to impose restrictions on monitoring export on the company’s sales to China.
The company was on a political journey in efforts to sell artificial intelligence chips in China, one of the main markets in NVIDIA, where the trade war between the United States and China escalated.
After banning the sale of H20 chips in NVIDIA to China, President Trump reverse This decision is in July, thanks to Huang’s efforts. At the profits of the first quarter, NVIDIA incurred $ 4.5 billion as drawings of the excess H20 stock. NVIDIA executives have participated that they expect an additional 2.5 billion dollars in the H20 chips sales, but it failed to achieve them due to restrictions.
But in exchange for a policy reflection, Trump demanded that both NVIDIA be given the US government a 15 % reduction in china’s china revenues.
In response, according to what was reported, Beijing started raising concerns about NVIDIA chips that kill the switch and back keys, and urged Chinese companies on Do not use it.
Nafidia robots
The numbers come at a time when NVIDIA has begun to develop its bet on robots and autonomous compounds in the past few months.
At the company’s annual shareholders ’meeting in June, Huang said he expected robots to provide the largest growth of the company after artificial intelligence. He told investors that the two together are represented.The opportunity to grow billions of dollars.”
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