"Nvidia's business is still booming, even with the company effectively shut out of China" ...Middle East

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Nvidias business is still booming, even with the company effectively shut out of China

Here's the post with the results for Q1 2025 for Nvidia:

Nvidia (NVDA) Q1 EPS 96 (93c expected) Revenue $44.1bn (exp 43.28bn)

The announcement was not without controversy, if it was a TV show it'd hit the top of the ratings!

    There has been a MASSIVE error in the Nvidia Q1 earnings announcement - shock for markets

    Human error in the biggest announcement of the quarter! You can't make this **** up!

    Anyway, the WSJ takes a bigger pic view:

    Nvidia’s business is still booming—even with the company effectively shut out of one of the world’s largest markets for advanced artificial intelligence chips. Nvidia reported $44.06 billion in revenue for its fiscal first quarter, which accounted for the inability to ship $2.5 billion of chips to the Chinese market. Total revenue is up 69% from the $26.04 billion for the same period last year and slightly ahead of Wall Street’s consensus target of $43.34 billion in revenue for the April-ending quarter. More crucially, the company’s data-center business, which includes chips and other components used in AI computing systems, saw revenue surge 73% year-over-year to $39.1 billion. That was just below the $39.36 billion expected by analysts, according to FactSet estimates.

    The Journal is gated, here is the link if you can access it.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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