Nvidia continues to solidify its dominance in the artificial intelligence sector, with its latest earnings report showing a 93% surge in data center revenue.
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U.S. chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors.
Kozyr CEO Cassie Kozyrkov and Josh Brown, CNBC Contributor, join CNBC's Jon Fortt with reaction to Nvidia CEO Jensen Huang and Nvidia's quarter.
I reiterate a 'Strong Buy' rating for Nvidia with a one-year target price of $195 per share, driven by robust growth in the data center market. Nvidia's data center business, accounting for over 90% of total revenue, saw 93.4% growth, significantly outperforming AMD and Intel. The rapid production ramp-up of Blackwell AI supercomputers and strong CAPEX spending by hyperscalers like Amazon, Microsoft, and Alphabet are key growth drivers.
To get the latest market news check out finance.yahoo.com Nvidia (NVDA) is set to report earnings after the bell with a lot riding on the results of the AI chipmaker. Nvidia stock has struggled since the start of the year, but shares rose around 5% in Wednesday afternoon trading.
NVIDIA Corporation (NASDAQ:NVDA ) Q4 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Stewart Stecker - IR Jensen Huang - President and CEO Colette Kress - EVP and CFO Conference Call Participants C.J. Muse - Cantor Fitzgerald Joe Moore - Morgan Stanley Vivek Arya - Bank of America Securities Harlan Sur - JPMorgan Timothy Arcuri - UBS Ben Reitzes - Melius Research Mark Lipacis - Evercore ISI Aaron Rakers - Wells Fargo Atif Malik - Citigroup Operator Good afternoon.
Yahoo Finance Senior Tech Editor Dan Howley breaks down key takeaways from Nvidia Q4 earnings. Nvidia (NVDA) reported its fourth quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines and issuing solid Q1 guidance.
Nvidia CEO Jensen Huang said Wednesday (Feb. 26) that sales of the company's most advanced chip architecture hit a record in the fourth quarter, and it is a harbinger of even more demand ahead because the artificial intelligence (AI) era has just begun.
Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think "about how best to answer" questions step by step. Huang spoke with CNBC's Jon Fortt following the chipmakers quarterly earnings report on Wednesday.
Nvidia Corporation's Q4 earnings exceeded expectations, with revenue reaching $39.3B and EPS at $0.89, reinforcing strong demand for AI chips and a promising outlook for Blackwell architecture. Despite concerns about DeepSeek potentially reducing demand for high-end chips, evidence suggests AI infrastructure investment remains strong, as seen in Google's planned $75B CapEx for 2025. Nvidia's long-term prospects remain solid, supported by its technological leadership, historical track record of innovation, and potential expansion into emerging fields like biotech, physical AI, and defense.
Jensen Huang, Nvidia CEO, joins CNBC's Jon Fortt for a special report following Nvidia's quarterly report.