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 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.
Nvidia CEO Jensen Huang forecasted a rapid arrival of humanoid robots in manufacturing, stating that widespread use in factory settings is likely within the next few years.
The Nvidia’s annual software developer conference this week, CEO Jensen Huang is set to defend the company’s leading position in the AI chip market amid growing competition and cost pressures on its largest customers.
Chip designers Nvidia and Broadcom are conducting manufacturing tests using Intel’s advanced 18A process, according to sources familiar with the matter. The tests are part of an effort by both companies to evaluate whether Intel’s technology can meet the demanding requirements for advanced artificia
During the latest earnings call, Nvidia CEO Jensen Huang reiterated his bullish outlook for the company, dismissing concerns that DeepSeek’s R1 reasoning model might undercut Nvidia’s sales.
Pakistani Prime Minister Muhammad Shehbaz Sharif is set to begin an official visit to Türkiye on April 22, where he will hold extensive discussions with President Recep Tayyip Erdogan on enhancing bilateral relations and exchanging views on regional and global developments.
Azerbaijan’s President Ilham Aliyev has sent a heartfelt letter of condolences to Cardinal Kevin Farrell, the Camerlengo of the Holy Roman Church, following the passing of Pope Francis.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 22nd, covering the latest developments you need to know.
From the Vatican’s tolling bells to the Eiffel Tower going dark and candlelit vigils in Nairobi, cities on every continent paused this week to mourn Pope Francis, turning plazas, cathedrals and national monuments into a single, global memorial.
Ukraine and Russia have signaled a renewed willingness to pursue peace, as Kyiv prepares for high-level talks in London and Moscow voices support for diplomatic solutions to the ongoing conflict.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
The 18th meeting of the Joint Commission on Economic Cooperation between Iran and Russia is scheduled to take place in Moscow from April 23 to 25. The event aims to strengthen bilateral collaboration across a wide range of sectors.
The Russian rouble surged past 81 to the U.S. dollar on Thursday, marking a 40% increase since the beginning of 2025.
In response to President Donald Trump's sweeping new tariffs, a number of global companies are eyeing expansion into the United States to minimize the economic fallout from the trade measures.
Google plans to appeal parts of a recent U.S. court ruling that found it had unlawfully maintained monopoly power in parts of the online ad market, specifically in publisher ad servers and ad exchanges, while the court dismissed other antitrust claims.
The European Central Bank cut its main interest rate by a quarter point on Thursday, citing rising trade tensions following U.S. President Donald Trump’s sweeping tariff campaign. The decision brings the rate down to 2.25 percent, marking the ECB’s seventh cut in the past year.
Pakistani Prime Minister Muhammad Shehbaz Sharif is set to begin an official visit to Türkiye on April 22, where he will hold extensive discussions with President Recep Tayyip Erdogan on enhancing bilateral relations and exchanging views on regional and global developments.
Azerbaijan’s President Ilham Aliyev has sent a heartfelt letter of condolences to Cardinal Kevin Farrell, the Camerlengo of the Holy Roman Church, following the passing of Pope Francis.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 22nd, covering the latest developments you need to know.
From the Vatican’s tolling bells to the Eiffel Tower going dark and candlelit vigils in Nairobi, cities on every continent paused this week to mourn Pope Francis, turning plazas, cathedrals and national monuments into a single, global memorial.
Ukraine and Russia have signaled a renewed willingness to pursue peace, as Kyiv prepares for high-level talks in London and Moscow voices support for diplomatic solutions to the ongoing conflict.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment