News from the AI & ML world
DeeperML
ChinaTechNews.com Staff@ChinaTechNews.com
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Nvidia Corp. has signaled a strong trajectory for AI-driven growth into 2025, bolstered by a solid fourth-quarter earnings and revenue beat. The company's revenue jumped 78% year-over-year, surpassing investor expectations, with earnings reaching $0.89 per share, exceeding estimates. Nvidia's guidance for the current quarter indicates continued growth, forecasting sales of $43 billion, which further demonstrates the company's confidence in sustained demand for its AI-related products.
Nvidia's success is attributed to the high demand for its GPUs, particularly for AI applications. The company has begun producing its next-generation Blackwell GPUs, with CEO Jensen Huang noting strong demand. Data Center revenue saw a remarkable increase of 93% year-over-year, reaching $35.6 billion. This performance underscores Nvidia's leadership in providing hardware for AI advancements and its pivotal role in the ongoing AI revolution.
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Nvidia's success is attributed to the high demand for its GPUs, particularly for AI applications. The company has begun producing its next-generation Blackwell GPUs, with CEO Jensen Huang noting strong demand. Data Center revenue saw a remarkable increase of 93% year-over-year, reaching $35.6 billion. This performance underscores Nvidia's leadership in providing hardware for AI advancements and its pivotal role in the ongoing AI revolution.
ImgSrc: assets.chinatec
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- NextBigFuture.com: Nvidia once again beat the quarterly earnings estimate and increased guidance more than expectations. Revenue: $39.3B vs. $38.1B est (+78% YoY) • EPS: $0.89 vs. $0.85 est • Data Center: $35.6B vs $33.5B est (+93% YoY)
- www.theguardian.com: Nvidia beats Wall Street expectations in first earnings after DeepSeek’s AI debut - Investors were eyeing the firm for signs of slowing demand after revelation high-end chips not necessary, but found few surpassed investor expectations for the fourth quarter of 2024 with a 78% jump in revenue year over year.
- Dataconomy: Quarterly earnings from Nvidia (NVDA.O) on Wednesday stand as a significant event for markets amid investor scrutiny regarding substantial spending in artificial intelligence (AI).
- SiliconANGLE: Chipmaker Nvidia Corp. today signaled that it’s on course for yet more artificial intelligence-driven growth in 2025 after delivering a solid fourth-quarter earnings and revenue beat and offering strong guidance for the current quarter.
- bsky.app: Nvidia’s Q4 revenue soared 78% YoY to $39.3B versus $38.05B expected, driven by strong demand for Blackwell AI chips.
- ChinaTechNews.com: Nvidia posts $39B quarter: Has the AI chip giant defied market jitters over DeepSeek?
- The Register - Software: Cash torrent pouring into Nvidia slows – despite booming Blackwell adoption
- SiliconANGLE: Nvidia’s fine! Besides, who else is going to power all these new AI models?
- insideAI News: Feb. 28, 2025 — SoftBank Corp., ZutaCore and Hon Hai Technology Group (Foxconn) today announced that they implemented ZutaCore’s two-phase direct liquid cooling technology*1 in an AI server using NVIDIA accelerated computing. The companies said this is the first implementation*2 of ZutaCore’s two-phase DLC*1 using NVIDIA H200 GPUs. In addition, SoftBank designed and developed a rack-integrated […]
- THE DECODER: Chinese dealers advertise Nvidia's Blackwell processors despite strict US export controls