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Nvidia Posts 69% Revenue Surge Despite $8B China Sales Loss

Jensen Huang's remark on 'incredibly strong' AI chip demand underscores the data center unit's rapid expansion.

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Overview

  • Nvidia reported $44.1 billion in quarterly revenue, up 69% year-on-year and above Wall Street forecasts.
  • The data center division led growth with $39.1 billion in sales, marking a 73% increase driven by AI infrastructure demand.
  • U.S. export controls imposed under the Trump administration cost about $8 billion in potential China sales this quarter.
  • Net profit rose 26% to $18 billion, while gaming revenue climbed 42% to $3.8 billion year-over-year.
  • The company expects $45 billion in revenue for the current quarter, slightly below some analyst projections.