The US tech giant Nvidia reported an 80% year-on-year surge in net income for the last quarter of fiscal 2025, reaching $22.1 billion. This marked a $9.8 billion increase compared to the same period the previous year.
The company’s revenues also hit a record high of $39.33 billion, surpassing market expectations of $38.05 billion. For the entire fiscal year, Nvidia’s revenue skyrocketed by 114% to an all-time high of $130.5 billion, driven by soaring demand for AI-related technologies.
Jensen Huang, Nvidia’s CEO, highlighted the extraordinary demand for the company’s Blackwell AI supercomputers, which generated billions in sales in their first quarter alone. “AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries,” Huang stated.
Nvidia has been expanding its AI infrastructure investments, most notably through the Stargate Project in collaboration with OpenAI, Oracle, and SoftBank, with planned investments of up to $500 billion.
However, Nvidia also faces challenges in the intensifying US-China semiconductor trade war. The recent launch of China’s AI chatbot DeepSeek led to a sharp decline in Nvidia’s stock, wiping out over $500 billion in market value in a single day. This highlights the volatility of the AI market and the growing competition between the US and China in the sector.
