Nvidia increased their profits in the last quarter of 2024 and the actions rise on Wall Street

Nvidia increased their profits in the last quarter of 2024 and the actions rise on Wall Street

February 26, 2025 – 19:18

These results arrive in a challenging context for Nvidia, which faces possible 25% tariffs on their chips imported to the US and strictest restrictions in their exports to China.

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Nvidia, the favorite of artificial intelligenceAnd one of the “magnificent seven” exceeded the expectations of analysts with their results of the fourth quarter of 2024, reporting revenues for US $ 39.3 billion and earnings per share of US $ 0.89. These figures exceeded market projections, which anticipated earnings of US $ 0.84 per share on income of US $ 38,200 million.

In addition, the company issued an optimistic forecast for the first quarter of 2025, estimating revenues of US $ 43,000 million, with a variation of 2% upwards OA La Low, exceeding the previous estimates of US $ 42.3 billion.

These results arrive in a challenging context for Nvidia, which faces possible 25% tariffs on their chips imported to the US and stricter restrictions in their exports to China. However, The market reacted positively to the report, promoting its shares more than 2% in post closing operations.

Nvidia

The company's growth was largely driven by its data centers business

The company’s growth was largely driven by its data centers business

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The company’s growth was largely driven by its Data centers businesswhich generated revenues for US $ 35.6 billion in the quarter, exceeding market expectations of US $ 34,000 million. This segment was key in the consolidation of Nvidia as a leader in semiconductors and artificial intelligence solutions.

Nvidia’s performance has a significant impact on the US stock market. The company became the second largest of Wall Street, after Apple, and its market capitalization It exceeds US $ 3 billion, which makes it a key actor within the S&P 500 and other financial indices.

Source: Ambito

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