Nvidia Earnings Beat Expectations, AI Demand Remains Strong
NVIDIA released its latest fiscal quarter and full-year financial results, with results that further reinforce the narrative that AI infrastructure spending remains solid. Investors consider this report crucial because NVIDIA is often a "barometer" for global AI chip demand, especially amid concerns about whether hyperscaler AI spending is slowing.
For the quarter ending in late January, NVIDIA posted record quarterly revenue of $68.1 billion (up 73% year-over-year), with net income of approximately $43 billion and EPS of $1.76. Its core driver remained data centers, generating $62.3 billion, indicating that AI demand continues to dominate growth.
Annually, NVIDIA posted revenue of $215.9 billion and net income of approximately $120 billion, marking the company's first year to surpass $200 billion in revenue. Management also provided aggressive guidance for next quarter: revenue of approximately $78 billion, noting that this outlook excludes data center compute revenue from China—a point that immediately caught the market's attention.
For the market, the key points are: (1) AI demand remains strong, and NVIDIA remains the "center of gravity" in the AI supply chain; (2) guidance will determine whether the tech rally can continue; and (3) certain policy/market access risks (especially China) remain variables that could cause volatility to rebound.
Source: Newsmaker.id
