The American chip manufacturer Nvidia has announced an accumulated net profit of $50,789 million in the first nine months of its fiscal year, 190% more than in the same period last year. In the third and final quarter, the leading company in Artificial Intelligence (AI) had profits of 19,309 million dollars (109% more year-on-year) thanks to record revenues of 35,082 million (94% more), according to a statement.
The company’s top executive, Jensen Huang, assured that “the era of AI (Artificial Intelligence) is going full steam ahead, propelling a global shift towards Nvidia computing,” highlighting the strong demand for its Hopper and Blackwell chips, this last one still in production. Huang points to the adoption of “agent” AI (a new wave of this technology that is more autonomous than generative) by companies, stating that countries have realized “the importance of developing their national AI and infrastructure.” .
Once again, Nvidia set a quarterly revenue record thanks to its main segment, the Data Center, which includes chips, and which raised about 30.7 billion, followed far behind by the video game segment, with 3.2 billion. In the breakdown of the results, the firm indicated that this growth in the Data Center is due to the demand for the Hopper chip, which large technology companies use to train large language models, recommendation engines and generative AI applications.
He also indicated that the first deliveries of the Blackwell chip will occur in the current quarter and will increase in the following months, but acknowledged that demand for its flagship chips will be greater than supply for much of next year. For the next quarter, Nvidia estimates an even higher turnover, of 37.5 billion, but also an increase in operating expenses, which in the last period stood at around 3,000 million (44% more) and expects to reach 4,800 million.
Nvidia, which has established itself as the largest listed company in the world, with a value of 3.5 trillion dollars, published its results after the closing of Wall Street and its shares fell 1% in a first reaction of the market, which Analysts point out that it is a reaction to the Blackwell supply limitations.
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