TechPression

Tag: Nvidia Corporation

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

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

    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.

    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.

  • Nvidia stock: buy, hold, or sell?

    Nvidia stock: buy, hold, or sell?

    Nvidia Corporation, founded in 1993, is a pioneer in the tech industry. It specialises in graphics processing units (GPUs) that power high-performance computing. Initially recognised for revolutionising the gaming industry with its powerful GPUs, Nvidia has expanded its reach into various sectors, including artificial intelligence (AI), machine learning, data centres, and autonomous vehicles. 

    The company’s GPUs are renowned for their high performance and efficiency, making them a preferred choice for gaming enthusiasts and professionals requiring robust computing solutions.

    Read also: Nvidia acquires Run:ai, a startup specialising in workload management

    Nvidia’s recent performance

    Rising remarkably to become the most valuable corporation in the world, Nvidia’s stock now beats Apple and Microsoft. Nvidia’s stock has surged 181% this year alone; during the past 12 months, it has increased 209%; over the past five years, it has grown shockingly 3,474%. These outstanding numbers underline how strongly Nvidia dominates the market and contributes to technical advancement.

    Despite its significant growth, investing in Nvidia can be approached in several ways. One strategy is to buy an S&P 500 ETF, which includes Nvidia among the top 500 companies in the U.S., providing a diversified investment option.

    Another approach is to invest in a semiconductor ETF, which comprises Nvidia and other leading companies in the semiconductor industry, spreading the risk across the sector.

    Dollar-cost averaging can be an effective strategy for mitigating market volatility. This involves investing a fixed amount of money at regular intervals, which can help smooth out the effects of market fluctuations over time.

    For investors confident in Nvidia’s future growth, purchasing the stock directly can also be a viable option, allowing them to benefit directly from any potential appreciation in Nvidia’s stock price.

    Read also: The ASUS ROG Zephyrus G14 (2024) leads in innovation

    How Nigerians can benefit from Nvidia through Bamboo

    Nigerian investors can take advantage of Nvidia’s growth potential through Bamboo, an investment platform that provides access to international stocks. By investing in Nvidia on Bamboo, Nigerians can diversify their investment portfolios and potentially achieve significant returns from one of the leading tech companies globally.

    This access to international markets allows Nigerian investors to participate in the global tech boom, leveraging Nvidia’s advancements in AI, machine learning, and high-performance computing.

    Investing in Nvidia through Bamboo also benefits Nigerian investors from the company’s continuous innovation and market leadership. As Nvidia continues to expand its influence across various sectors, investors can potentially see substantial returns on their investments.

    Nvidia’s exceptional performance and future potential make it a compelling investment opportunity. However, investors must carefully consider their risk tolerance and investment strategies. Nigerian investors, in particular, can benefit from using platforms like Bamboo to access and invest in Nvidia stock, thus participating in the global growth of one of the most influential tech companies.