Summary by Moomoo AI
NVIDIA Corporation, a leader in accelerated computing, has reported significant growth in its financial performance for the first quarter of fiscal year 2025. The company's revenue soared to $26.044 billion, marking a 262% increase year-over-year and an 18% rise from the previous quarter. Operating income experienced a remarkable 690% year-over-year surge, reaching $16.909 billion, while net income climbed by 628% to $14.881 billion. Earnings per diluted share also saw a substantial increase, rising by 629% to $5.98. NVIDIA's gross margin improved to 78.4%, up 13.8 percentage points from the same period last year. The company attributes its financial success to robust demand in its Data Center segment, which grew by 427% year-over-year, driven by the NVIDIA Hopper GPU computing platform. NVIDIA's Compute & Networking segment...Show More
