US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
The strong financial performance was accompanied by record revenue growth of 78%, with quarterly revenues reaching $39.33 billion, surpassing market expectations of $38.05 billion.
For the entire fiscal year, Nvidia’s revenues surged 114% to hit an all-time high of $130.5 billion. Diluted earnings per share rose by 82% to $0.89 in the last quarter, while sequential comparisons showed a 12% increase in revenue and a 14% rise in net income.
Nvidia CEO Jensen Huang attributed much of the robust performance to surging demand for the company’s Blackwell AI supercomputers. “Demand for Blackwell is amazing as reasoning AI adds another scaling law - more compute for training makes models smarter, and more compute for long thinking makes the answer smarter,” Huang said. He added that Nvidia had successfully ramped up massive-scale production of its Blackwell systems, achieving billions of dollars in sales in the first quarter. “AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of innovation across the largest industries,” he noted.
The company has also been strategically investing to expand and enhance the US AI infrastructure. Most recently, Nvidia joined forces with OpenAI, Oracle, and SoftBank to launch the Stargate Project, a venture that plans to invest up to $500 billion in US-based AI infrastructure over the coming years.
However, the semiconductor leader’s recent gains come amid a turbulent market environment. Nvidia has faced significant challenges in the ongoing trade war for semiconductor supremacy between the US and China. In one dramatic episode, the launch of China’s new AI chatbot DeepSeek reportedly led to a loss of over $500 billion in market value for Nvidia in a single day.
Despite these setbacks, Nvidia’s latest financial results underscore the company’s central role in the rapidly evolving AI landscape, positioning it well for future growth as global demand for advanced computing solutions continues to rise.
Nvidia topped first-quarter earnings expectations but cut its second-quarter outlook, citing an $8 billion blow from tighter U.S. export rules on AI chips to China.
Nvidia plans to roll out a lower-cost AI chip tailored for China based on its new Blackwell architecture, aiming to preserve its foothold in a shrinking but still critical market amid intensifying U.S. export restrictions.
The U.S. government's decision in April 2025 to impose stricter export controls on advanced semiconductors has delivered a significant blow to Nvidia, compelling the company to obtain licenses for sales of its H20 AI chips to China—one of its largest and most strategically important markets.
Nvidia (NASDAQ: NVDA) announced a significant move to expand its influence in AI hardware on Monday, revealing plans to sell its NVLink Fusion technology to other chipmakers, enabling faster communication between artificial intelligence (AI) chips.
Nvidia will take a $5.5 billion charge after the U.S. restricted exports of its H20 AI chip to China, citing security concerns. The move targets China's access to advanced tech, impacting Nvidia's key market amid growing global AI competition.
Elon Musk has launched a scathing attack on President Donald Trump’s flagship tax and spending legislation, criticizing it as a “disgusting abomination” and warning it could harm Tesla’s business.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 4th, covering the latest developments you need to know.
Azerbaijan and Kenya mark 20 years of diplomatic relations with strengthened dialogue and growing cooperation across energy, trade, and digital services.
Russian Security Council Secretary Sergei Shoigu has arrived in Pyongyang for a high-level meeting with North Korean leader Kim Jong Un, Russian news agency TASS reported.
Prosecutors in Brazil have filed a lawsuit to annul a $180 million carbon offset agreement signed by the state of Para, citing legal and ethical violations in the high-profile rainforest conservation initiative backed by major global firms.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
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Hungary's MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore area covering the Shamakhi-Gobustan regions of Azerbaijan.
bp, SOCAR and TPAO today signed several agreements enabling TPAO to join the production sharing agreement (PSA) for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.
In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.
A new European Union law coming into effect on June 20 mandates smartphone makers to provide five years of software updates, energy labels, and improved repairability—setting new standards that may reshape the global smartphone industry.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for June 4th, covering the latest developments you need to know.
Azerbaijan and Kenya mark 20 years of diplomatic relations with strengthened dialogue and growing cooperation across energy, trade, and digital services.
Russian Security Council Secretary Sergei Shoigu has arrived in Pyongyang for a high-level meeting with North Korean leader Kim Jong Un, Russian news agency TASS reported.
Prosecutors in Brazil have filed a lawsuit to annul a $180 million carbon offset agreement signed by the state of Para, citing legal and ethical violations in the high-profile rainforest conservation initiative backed by major global firms.
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