ComputersNvidia sales increase by more than 50 percent
SDA
27.8.2025 - 23:30
Chips from Nvidia have become the key technology for artificial intelligence. This has resulted in rapid growth for the Group. (archive image)
Keystone
Thanks to the AI boom, chip company Nvidia's business has continued to grow rapidly despite the ongoing problems with trade with China. In the last quarter, turnover jumped by 56 percent year-on-year to 46.74 billion dollars.
Keystone-SDA
27.08.2025, 23:30
27.08.2025, 23:35
SDA
Nvidia thus exceeded Wall Street's expectations. In comparison to the previous quarter, there was an increase of six percent.
Due to the US export hurdles, Nvidia did not record any sales of the slimmed-down AI chips called H20 in the Chinese market last quarter. However, the company did manage to sell some of the blocked chip systems to a customer from another country, the company announced.
Silence continues in China business
A few weeks ago, Donald Trump's government gave up its opposition to H20 sales to China. One price for this is that the US state is to receive a 15 percent share of sales. However, the deliveries have not yet gotten off the ground - because Beijing is now taking a stand against the use of AI chips from the USA, citing security concerns among other things.
In this situation, Nvidia is also not planning any sales in China for the current quarter for the time being. The Group is forecasting revenue of 54 billion dollars (with a margin of two percent less or more). Analysts on average expect less than 53.5 billion dollars.
Share falls
The share price fell by around three percent at times in after-hours trading. Nvidia just missed market expectations in data center technology with sales of 41.4 billion dollars.
On the bottom line, quarterly profits rose by 59 percent year-on-year to a good 26.4 billion dollars.