–Nvidia Corporation (NASDAQ: NVDA) has announced a significant surge in its fourth-quarter revenue and profit, fueled by the increasing demand for its Blackwell AI chips. The company reported a record-breaking $39.3 billion in revenue for the three-month period ending January 26, 2025, reflecting a 12% increase from the previous quarter and a 78% rise year-over-year.
“Nvidia’s Blackwell chips are at the forefront of the AI revolution, with demand accelerating as artificial intelligence continues to evolve,” said Jensen Huang, Founder and CEO of Nvidia. “Advancements in reasoning AI require increased computational power, and our technology is enabling smarter, more efficient models.”
The company’s adjusted earnings per share reached 89 cents, surpassing Wall Street expectations of 85 cents per share on $38.1 billion in revenue.
Nvidia’s report comes amidst heightened global competition in AI development. Chinese firm DeepSeek recently unveiled a cost-effective AI model leveraging Nvidia chips, briefly causing fluctuations in Nvidia’s market valuation. However, Nvidia commended DeepSeek’s work as an important advancement in AI while reaffirming that its technology complies with export regulations.
With a market valuation now exceeding $3 trillion, Nvidia has solidified its position as the second-largest company on Wall Street, trailing only Apple. The company’s AI-driven growth has played a pivotal role in the record-breaking rise of the S&P 500, counterbalancing concerns over inflation and economic policies.
As the AI industry continues its rapid expansion, Nvidia remains a leader in cutting-edge computing solutions, setting the stage for further innovation in AI-powered technology.