Computers Nvidia increases turnover by more than 60 percent
The AI boom has led to further explosive growth in the business of chip company Nvidia. In the last quarter, turnover jumped by 62 percent year-on-year to 57 billion dollars.
19.11.2025, 23:11
SDA
Nvidia thus exceeded Wall Street's expectations. Even compared to the previous quarter, there was an increase of 22 percent. Nvidia's share price rose by more than three percent at times in after-hours trading. The share prices of other chip companies were also up. Shares in Nvidia's major customers Google, Microsoft, Amazon and Meta also rose.
Chip systems from Nvidia have become a key technology for the development of software with artificial intelligence. On the bottom line, Nvidia increased its quarterly profit by 65 percent year-on-year to 31.9 billion dollars. The Group's earnings per share exceeded analysts' estimates. Nvidia also clearly exceeded their expectations with its forecast of 65 billion dollars in sales in the current quarter.
