Claman Countdown panelists Scott Bauer and Jay Woods unpack corporate profits.
Nvidia released an earnings report Wednesday, predicting fourth-quarter revenue to beat Wall Street expectations, but investors balked after the numbers fell short of high expectations in the United States. Artificial intelligence (AI) The giants have profited during their historic rise.
According to data compiled by LSEG, NVIDIA expects fourth-quarter sales of $37.5 billion, compared to the average analyst estimate of $37.09 billion, plus or minus 2%.
The company's shares closed down 0.76% in Wednesday trading. In after-hours trading, the stock fell further, dropping 3.4% at one point, but the decline narrowed to about 1.9%.
“The age of AI is in full swing, driving the global transition to Nvidia computing.” jensen fanFounder and CEO of Nvidia. “As foundational model makers scale pre-training, post-training, and inference, the demand for Hopper and the expectations for Blackwell will be incredibly high at full capacity.”
Top ETFS of 2024 are tied to one stock: NVIDIA
Nvidia issued an optimistic forecast for fourth-quarter revenue, beating analysts' expectations. (David Paul Morris/Bloomberg via Getty Images/Getty Images)
“AI is transforming every industry, company, and country. Companies are adopting agent AI to revolutionize workflows. Breakthroughs in physical AI are driving a surge in investment in industrial robots. And countries are waking up to the importance of developing their own AI and infrastructure,” Huang said.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 145.89 | -1.12 |
-0.76% |
NVIDIA report According to the company, its third quarter 2025 revenue grew 17% sequentially and 94% year-over-year. Operating expenses increased 9% sequentially and 110% year over year.
Net income for the quarter was more than $19.3 billion, up 16% from the previous quarter and 109% from this time last year.
How NVIDIA went from Denny's to the king chip maker with a market cap of $2.3 billion
Nvidia CEO Jensen Huang unveiled the Blackwell chip at a conference in March 2024. (Justin Sullivan/Getty Images/Getty Images)
Nvidia set a company record in the third quarter with quarterly revenue of $35.1 billion, including $30.8 billion in revenue from its important data center division.
Nvidia's data center sales are being driven by companies spending on AI chips amid expansion of data centers aimed at helping companies meet their complex processing needs. Generation AI program.
of Next generation Blackwell chip Reports that a design flaw was causing advanced chips to overheat had been the focus of some concerns among investors, but NVIDIA has fixed the design flaw and is working with manufacturer TSMC to He said they worked together to make improvements.
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Nvidia stock is up about 202% so far in 2024 and 189% over the past year amid the generative AI boom.
Reuters contributed to this report.
