NVIDIA Corporation (NVDA), a leading global manufacturer of high-end graphics processing units (GPUs), topped analyst expectations in the first quarter of fiscal 2025. Its solid performance indicates the robust demand for its AI chips, and CEO Jensen Huang expects to see revenue from its next-generation superior AI chip, Blackwell, later this year.
For the first quarter that ended April 28, 2024, NVIDIA’s revenue rose 262% year-over-year to $26.04 billion. That surpassed analysts’ revenue estimate of $24.59 billion. The company posted a record revenue from its Data Center segment of $22.60 billion, an increase of 427% from the prior year’s quarter.
