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Nvidia revenues jump almost 80% on booming AI chip sales

27 February 2025
in Business
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Nvidia revenues jump almost 80% on booming AI chip sales
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Unlock the Editor’s Digest for free features Roula Khalaf, Editor of the FT, selecting her favorite stories weekly. Nvidia reported soaring profits and revenues in its latest quarter, driven by strong demand for advanced chips amid the AI boom. Despite concerns raised by Chinese AI start-up DeepSeek, Nvidia CEO Jensen Huang remains confident in the demand for Blackwell chips. However, uncertainties regarding potential US export controls and tariffs could impact the company’s future performance.

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