Mumbai: NVIDIA release unexpected financial results for the first Quarter fiscal year 2025. Its revenue goes up to $26 billion, 18% from Q4 and up 262% from a year ago and quarterly cash dividend raised 150% to $0.01 per share on a post-spilt basis.
Highlights:
NVIDIA achieved remarkable progress for achieving their dreams since its previous earnings announcements in these following areas;
Professional Visualization
- They introduced NVIDIA RTXtm 500 and 1000 professional Ada generation laptops GPUs for AI-enhanced workflows.
- Presented NVIDIA RTX A400 AND A 1000 GPUs for AI-enhanced workflows.
- They also announced NVIDIA Omniverse tm Cloud APIs to power industrial digital twin software.
- Introduced the adoption of the new Earth-2 cloud APIs by The Weather Company and the Central Weather Administration of Taiwan for high- resolution global climate simulations.
- Their First Quarte revenue was $427 million, down 8% from the previous quarter and up goes to 45% from a year ago.
Data Center
- They announced NVIDIA Blackwell Platform to fuel a new era of AI Computing.
- They also unveiled NVIDIA Quantum and NVIDIA spectrum tm X800 series switches for Infiniband and Ethernet, respectively.
- Launched NVIDIA AI Enterprise 5.0 with NVIDIA NIM Inferences Microservices to speed enterprise app development.
- Annoumced nine new supercomputers worldwide are using Grace Hopper Superchips to ignite new era of AI supercomputing.
- Expanded Collabrations with AWS, Google Cloud, Microsoft and Oracle to advance generative AI innovation.
Automotive and Robotics
- Their first quarter automotive revenue was $329 million and its goes up 17% from the previous quarter.
- They also announced BYD, XPENG, GAC’S AION Hyper, Nuro and others chosen the next- generation NVIDIA DRIVE Thor tm platform, which now features Blackwell GPU architecture, to power their next- generation consumers and commercial electric vehicle fleets.
- Introduced the project GROOT foundation model for humanoid robots and major Isaac robotics platform updates.
- They also revealed U.S. and China electric vehicle makers Lucid and IM Motors are using NVIDIA DRIVE Orin tm platform for vehicle models targeting the European market.
Gaming and AI PC
- Their total gaming revenue was $2.6 billion.
- They introduced a new AI gaming technologies at GDC for NVIDIA ACE and Neural Graphic.
- They also announced more blockbluster games that will incorprated RTX technology, including star wars Outlaws and Black Myth Wukong.
- Unvelied new AI performance optimizations and integrations for windows to delivers maximum performance on NIVIDA GeForce RTX AI PCs and workstations.
The next industrial revolution has begun said Jensen Huang and they also told that Companies &Countries are now partnering with NVIDIA to shift the trillion traditional data Centers to accelerated computing and build a new type of data Centre, AI factories to produced a new Commodity.
AI will bring significant productivity gains to nearly every industry and help companies be more cost and energy- efficient, while expending opportunities.
They also said that our data Center growth was fueled by strong and accelerating demand foe generative AI has expanded to consumer internet companies and enterprise, Sovereign AI, automotive and healthcare customers, creating multiple dollar markets.
NVIDIA also announced about stock to make stock ownership more accessible to employees and investors. The spilt will be effected through an amendment to NVIDIA’s Restated Certificates of Incorporation, which will result in a proportionate increase in the number of shares of authorized common stock.
NVIDIA is also increasing its quarterly cash dividend by 15-0% from $0.045 per share to $0.10 per share of common stock. The increased in dividend is equivalent to $0.01 per share on a post- spilt basis and will be paid on Friday, June 28, 2024 to all shareholders of record on Tuesday, June 11,2024.
NVIDIA will conduct a conference call with analysts and investors to discuss its first quarters 2025 financial results and current financial prospects and opportunities, growth for our company.