Overview

• Nvidia's Q4 2025 revenue reached $39.3 billion, a 78% year-over-year increase, with $11 billion attributed to its Blackwell AI chips.
• Full fiscal year 2025 revenue grew 114% to $130 billion, though this marks a slowdown compared to the 126% growth in fiscal 2024.
• CEO Jensen Huang emphasized the growing demand for inference computing, noting that reasoning AI models like DeepSeek R1 require 100 times more compute power than traditional models.
• Geopolitical challenges, including U.S. export controls and potential tariffs on foreign-made silicon, create uncertainties for Nvidia's supply chain and costs.
• Despite rising competition in the AI chip market, Nvidia remains optimistic about future growth, projecting Q1 2026 revenues to increase by 9.4% sequentially.