• Latest
  • Trending
Nvidia reports $39.3bn revenue, attributes growth to rising AI chips demand

Nvidia reports $39.3bn revenue, attributes growth to rising AI chips demand

February 28, 2025
Edtech startup The Invigilator raises $11 million to scale its AI platform

Edtech startup The Invigilator raises $11 million to scale its AI platform

September 6, 2025
iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

September 6, 2025
OpenAI challenges LinkedIn with new AI-powered hiring platform

OpenAI challenges LinkedIn with new AI-powered hiring platform

September 6, 2025
Tanzanian fintech NALA takes its services to Kenya

Tanzanian fintech NALA takes its services to Kenya

September 6, 2025
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Business Fintech

Nvidia reports $39.3bn revenue, attributes growth to rising AI chips demand

Oluwatosin Adeyemi by Oluwatosin Adeyemi
February 28, 2025
146 4
0
Nvidia reports $39.3bn revenue, attributes growth to rising AI chips demand
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Global chipmaker Nvidia Corporation announced sales of $39.3 billion for the fourth quarter that concluded on January 26, 2025, which was a 78 percent gain year over year and a 12 percent increase from the prior quarter.

The firm revealed the figures in its financial report, which was made public on Wednesday.

It attributed the increase to the growing demand for its high-performance computing solutions and artificial intelligence chips.

With $130.5 billion in revenue for the entire fiscal year 2025, Nvidia claimed a 114 percent increase over the previous year. On April 2, 2025, the business will distribute its next quarterly cash dividend to all shareholders of record on March 12, 2025, at a rate of $0.01 per share.

RelatedPosts

Nvidia stock: buy, hold, or sell?

Read also: AI showdown: will ChatGPT 4o or Grok 3 dominate in 2025?

Part of the report read, “Today we reported revenue for the fourth quarter ended January 26, 2025, of $39.3bn, up 12 per cent from the previous quarter and up 78 per cent from a year ago.”

“For the quarter, GAAP earnings per diluted share was $0.89, up 14 per cent from the previous quarter and up 82 per cent from a year ago.”

Nvidia’s CEO expresses enthusiasm about the revenue growth 

The Founder and CEO of NVIDIA, Jensen Huang, said, “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter.”

“We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter.”

“AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionise the largest industries.”

Read also: Nigeria to equip 6,000 teachers with AI training

About Nvidia 

NVIDIA (NASDAQ: NVDA) has been a leader in accelerated computing since its establishment in 1993.

The company’s 1999 GPU breakthrough launched the PC gaming industry, revolutionised computer graphics, ushered in the age of contemporary artificial intelligence, and is driving the development of the metaverse.

Today, NVIDIA is a full-stack computing firm that is revolutionising the market with its data-center-scale capabilities.

Tags: Nvidia Corporation
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.