Claman Countdown panelists Scott Bauer and Jay Woods break down the company’s earnings.
Nvidia released its earnings report on Wednesday and revealed that fourth-quarter sales exceeded Wall Street estimates, but investors were disappointed that those figures fell short of expectations. artificial intelligence (AI) the giant has benefited during its historic growth.
Nvidia forecast fourth-quarter revenue of $37.5 billion, plus or minus 2%, compared with analysts’ average estimate of $37.09 billion, according to data compiled by LSEG.
Shares of the company closed up 0.76% during the trading session on Wednesday. It fell sharply in late trading, down 3.4% at one point, though that decline was reversed back to around 1.9%.
“The age of AI is in full swing, creating a global shift in Nvidia computing,” it said Jensen Huangco-founder and CEO of Nvidia. “The need for Hopper and the expectation of Blackwell – in full production – is surprising as the basic modelers measure pre-training, post-training and mean.”
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Nvidia released an optimistic forecast for fourth-quarter sales that came in ahead of analysts’ expectations. (David Paul Morris/Bloomberg via Getty Images/Getty Images)
“AI is changing every industry, company and country. Businesses are using agent AI to change workflows. Industrial robotics investment is increasing with the development of virtual AI. And countries have woken up to the importance of developing their national AI and infrastructure, ” said Huang.
| A ticker | Security | Finally | Change | change % |
|---|---|---|---|---|
| NVDA | The company NVIDIA CORP. | 145.89 | -1.12 |
-0.76% |
Nvidia report indicated that in the third fiscal quarter of 2025, revenue increased 17% from the previous quarter and 94% year-over-year. Operating expenses were up 9% compared to the previous quarter and up 110% from last year.
Total revenue came in at more than $19.3 billion for the quarter – up 16% from the previous quarter and 109% from this time last year.
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Nvidia CEO Jensen Huang is showing the Blackwell chip at a conference in March 2024. (Justin Sullivan/Getty Images/Getty Images)
Nvidia set company records for third-quarter revenue at $35.1 billion, with revenue from its core data center segment coming in at $30.8 billion.
Nvidia’s data center sales are driven by companies churning out AI chips amid an expansion of data centers aimed at handling complex processing needs generative AI plans.
I the next generation Blackwell chip was the focus of some concern for investors amid reports that a design flaw caused advanced chips to overheat, but Nvidia said it had fixed the design flaw and was working with manufacturer TSMC on a solution.
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Nvidia’s stock is up nearly 202% in 2024 year to date and 189% in the past year amid the AI boom.
Reuters contributed to this report.
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