Nvidia CEO Jensen Huang will speak at the Viva Technology Conference, dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France on June 11, 2025.
Gonzalo Fuentes | Reuters
nvidia Stocks fluctuated on Thursday as investors digested the company’s latest earnings report.
Revenue rose to $46.74 billion to 56% of the quarter, with Wall Street forecasting of around $46.06 billion, according to LSEG. The company reported adjusted earnings of $1.05 per share, exceeding the analyst estimated $1.01 per share.
Revenue from the $41.1 billion data center was not below the estimate of a two-game winning streak, but increased 56% year-on-year.
Nvidia said it expects the quarter to be 2% or minus 2% on top of $54 billion, but that number does not include H20 freight to China. According to LSEG, analysts were expecting revenue of $53.1 billion.
NVIDIA CEO Jensen Huang said in a conference call with investors that AI had made “too much progress” last year and that building an AI infrastructure is still in its early stages.
“The AI revolution has become a complete steam, and with AI racing now underway, Capex Send has doubled every year,” he said. “There are five years between the present and the end of the decade, and $600 billion represents only the top four hyperschools.”
Huang projected to spend between $3 trillion to $4 trillion AI infrastructure by the end of the decade.
“The opportunities ahead are immeasurable,” he added.
In a memo on Thursday, benchmark analysts said Nvidia’s guidance was “only a modest reverse of the consensus on elevated streets,” but overall the report showed “solid continuous and annual growth.”
“We believe that Nvidia’s results are consistent with previous goals and do not indicate a slowdown in AI profit or investment across the industry,” an analyst who is receiving a purchase valuation of Nvidia’s stock, wrote in a note to his client.
The results showed that “the playbook remains the same” for Nvidia, JP Morgan analyst wrote.
“As the backdrop of a multi-year growth runway in AI infrastructure spending, we use multiple levers to promote solid beats and rise, and NVDA continues to win huge, largely incremental spending (over the past three years).
Nvidia 1-Day Stock Chart.
