Nvidia's Net Profits Surge 80%... "Blackwell Demand Is Amazing"

NVIDIA reported sales and net profit that exceeded market expectations.



NVIDIA announced on the 26th (local time) that it recorded sales of $39.33 billion (approximately KRW 56.4582 trillion) and net profit of $22.09 billion in the fourth quarter (November 2024-January 2025).



Jensen Huang, CEO of NVIDIA [Photo = NVIDIA]



Sales increased 78% and net profit increased 80% compared to the same period last year.



NVIDIA's sales during this period exceeded the Wall Street average estimate of $38.05 billion compiled by market research firm LSEG by 3.3%. Net income per share also exceeded the market estimate of $0.84 at $0.89 (KRW 1,277).



Sales by item were recorded as follows: △AI chips for data centers at $35.6 billion, △gaming business at $2.5 billion, and △automobile and robot chip sector at $570 million.



Sales of AI chips for data centers increased by 93% year-on-year, but the game business showed a slowdown. The automotive and robot chip sector showed a steep growth trend, although its share of total sales was small.



Jensen Huang, CEO of NVIDIA, said, "With the full-scale mass production of the latest AI chip 'Blackwell,' we have achieved sales of several billion dollars," adding, "Demand for Blackwell is incredible."



NVIDIA expects sales of $43 billion in the first quarter (February-April). This is about 3% higher than the $41.78 billion expected by LSEG.



NVIDIA's stock price also rose as it announced performance that exceeded market expectations.



Nvidia closed at $131.28 on the New York Stock Exchange on this day, up 3.67% from the previous trading day. Nvidia's stock price is up 2% in after-hours trading after the earnings announcement.



Micron Technology, a U.S. semiconductor company, also soared 4.82% during the session and is also up in the mid-1% range in after-hours trading.



The impact of Nvidia's good performance on the domestic stock market is also drawing attention.



On the 26th, SK Hynix rebounded for the first time in five trading days, rising 1.25% on the KOSPI. Samsung Electronics fell 1.05% the previous day, falling for five consecutive trading days.





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