Overview
- Quarterly revenue reached $68.1 billion with net income about $42.9 billion, and Nvidia guided roughly $78 billion for the current quarter, topping estimates.
- Data‑center sales drove results at about $62.3 billion for the quarter, and gross margin remained exceptionally high at roughly 75 percent.
- For the full fiscal year, revenue was about $216 billion with net profit near $120 billion, underscoring Nvidia’s outsized gains from the AI build‑out.
- Management said the outlook assumes no near‑term sales to Chinese AI datacenters due to export controls, and shares swung after the call as China exposure and competitive comments drew focus.
- Analysts highlight intensifying competition from AMD and in‑house chips at major cloud providers even as hyperscalers press ahead with hundreds of billions of dollars in AI infrastructure spending.