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Nvidia reported a huge boost to its revenues in the first quarter of the year, with sales of its chips rising more than 69 per cent compared to the same period in 2024.
The US company’s sophisticated chips have played a central role in the artificial intelligence, AI, boom.
But Nvidia’s stock, along with share prices of fellow chip-makers, plummeted in April after US President Donald Trump announced a wave of tariffs and tightened export restrictions.
Analysts say its strong set of results have “eased concerns” around tariffs – the future of which are uncertain after they were blocked by a federal court.
Nvidia’s share price rose by more than 5 percent in pre-market trading on Thursday morning after it beat Wall Street expectations.
AJ Bell investment director Russ Mould said for all the noise around Nvidia, its ability to continue churning out substantial growth is highly impressive.
English (US) ·