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

Oluwatosin Adeyemi by Oluwatosin Adeyemi
February 28, 2025
in Fintech
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Nvidia reports $39.3bn revenue, attributes growth to rising AI chips demand
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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.

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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.

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