NVIDIA revenues jump about 80 % on the sales of the booming artificial intelligence chips

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NVIDIA’s revenues rose in the quarter to the end of January as a demand for intelligence -focused artificial chips.

The company said that its sales increased by 78 percent year on an annual basis to 39.3 billion dollars, the above, estimates in a Bloomberg investigative study of $ 38.3 billion. The group expects to publish revenues of $ 43 billion for the current quarter, in addition to or minus 2 percent, almost in line with Wall Street’s expectations.

NVIDIA has been among the best performances in Wall Street over the past two years, which helped to obtain the entire market, as investors have pursued that he would be one of the beneficiaries of the rapid growth of Amnesty International.

But the stocks retreated earlier this year after the Chinese company Deepseek from AI claimed that it had achieved many breakthroughs in the performance of complex tasks using less advanced chips than competitors such as US -based OpenAI.

On Wednesday, CEO Jensen Huang ignored those concerns, saying in a statement that there was a “amazing” request for the latest Nvidia Blackwell Chips. Data Center revenues have doubled in the quarter of January, as large technology companies built artificial intelligence shows quickly.

However, Blackwell Prode hit some initial obstacles, with Production issues And reports of some repetitions of the high temperature in the servers.

On Wednesday, analysts were looking for reassurance that moving from the structure of the previous chips was walking smoothly, and that the demand for Blackwell would continue to overcome the offer this year.

The net income was $ 22.1 billion, an increase of 80 percent over the same quarter of the previous year. However, the total margin decreased to 73 percent of 76 percent.

NVIDIA COLETTE KRESS financial manager indicated that the margins have declined due to the transition to the most complex and highest cost Blackweell. She said Blackwail had achieved $ 11 billion in revenues for a quarter.

NVIDIA shares increased by 2 percent in New York trading hours, increasing by approximately 4 percent during the regular session.

This is a developing story