Nvidia Announces Financial Results for Second Quarter Fiscal 2025
NVIDIA reported Q2 FY25 revenues of $30 billion, a 122% year-over-year increase. Data Center revenue reached $26.3 billion. The company anticipates Q3 revenue of $32.5 billion, focusing on AI innovations.
Read original article
NVIDIA reported record financial results for the second quarter of fiscal 2025, ending July 28, 2024, with revenues reaching $30.0 billion, a 15% increase from the previous quarter and a 122% increase year-over-year. Data Center revenue also set a record at $26.3 billion, up 16% from Q1 and 154% from the same quarter last year. The company's GAAP earnings per diluted share were $0.67, reflecting a 12% quarter-over-quarter increase and a 168% year-over-year rise. NVIDIA's CEO, Jensen Huang, highlighted strong demand for their Hopper architecture and the anticipation surrounding the upcoming Blackwell architecture. The company returned $15.4 billion to shareholders in the first half of fiscal 2025 and announced an additional $50 billion share repurchase authorization. Looking ahead, NVIDIA expects third-quarter revenue to be around $32.5 billion, with gross margins projected in the mid-70% range. The company continues to innovate across various sectors, including AI, gaming, and data centers, with significant advancements in generative AI technologies and partnerships with major cloud service providers.
- NVIDIA's Q2 FY25 revenue reached $30.0 billion, a 122% increase from the previous year.
- Data Center revenue was a record $26.3 billion, up 154% year-over-year.
- The company returned $15.4 billion to shareholders in the first half of fiscal 2025.
- NVIDIA anticipates Q3 revenue of approximately $32.5 billion.
- Innovations include advancements in generative AI and partnerships with cloud service providers.
Related
Follow the Capex: Triangulating Nvidia
NVIDIA's Data Center revenue from major cloud providers like Amazon, Google, Microsoft, and Meta is analyzed. Microsoft stands out as a significant customer. The article emphasizes the increasing significance of AI infrastructure.
AMD says data center sales more than doubled in a year
AMD's Q2 2024 earnings exceeded expectations with $5.83 billion in revenue and 69 cents EPS, driven by a 115% growth in the Data Center segment, despite a 6% stock decline.
Nvidia Adds Record $329B in Value as Volatility Soars
Nvidia's stock has seen extreme volatility, adding $329 billion in market cap after a 13% rally. Investor sentiment fluctuates amid concerns over AI profitability and potential Federal Reserve rate cuts.
AMD sold $1B of Instinct GPUs in 2Q, driving 3-digit datacenter growth
AMD's Q2 2024 revenues exceeded $1 billion from Instinct MI300X GPUs, driving a 115% increase in datacenter revenues. The company anticipates continued growth despite challenges in gaming and supply chain issues.
Nvidia forecast to bounce back in China to make $12B selling GPUs
Nvidia is expected to generate $12 billion in GPU sales in China this year, despite U.S. trade restrictions, with over 1 million H20 GPUs shipped, nearly doubling Huawei's sales.
7 commentsThink of the dev ecosystem effects in all the various permutations, e.g. from Windows or Apple to AWS to more granular like PyTorch.
Those advantages aren't easily eliminated just by more competitors or even 'better' competitors.
Related
Follow the Capex: Triangulating Nvidia
NVIDIA's Data Center revenue from major cloud providers like Amazon, Google, Microsoft, and Meta is analyzed. Microsoft stands out as a significant customer. The article emphasizes the increasing significance of AI infrastructure.
AMD says data center sales more than doubled in a year
AMD's Q2 2024 earnings exceeded expectations with $5.83 billion in revenue and 69 cents EPS, driven by a 115% growth in the Data Center segment, despite a 6% stock decline.
Nvidia Adds Record $329B in Value as Volatility Soars
Nvidia's stock has seen extreme volatility, adding $329 billion in market cap after a 13% rally. Investor sentiment fluctuates amid concerns over AI profitability and potential Federal Reserve rate cuts.
AMD sold $1B of Instinct GPUs in 2Q, driving 3-digit datacenter growth
AMD's Q2 2024 revenues exceeded $1 billion from Instinct MI300X GPUs, driving a 115% increase in datacenter revenues. The company anticipates continued growth despite challenges in gaming and supply chain issues.
Nvidia forecast to bounce back in China to make $12B selling GPUs
Nvidia is expected to generate $12 billion in GPU sales in China this year, despite U.S. trade restrictions, with over 1 million H20 GPUs shipped, nearly doubling Huawei's sales.