{"id":44922,"date":"2024-08-28T21:14:13","date_gmt":"2024-08-28T21:14:13","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-chipmaker-nvidia-posts-record-quarterly-revenue-of-30b-up-122-from-year-ago"},"modified":"2024-08-28T21:43:37","modified_gmt":"2024-08-28T21:43:37","slug":"us-chipmaker-nvidia-posts-record-quarterly-revenue-of-30b-up-122-from-year-ago","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-chipmaker-nvidia-posts-record-quarterly-revenue-of-30b-up-122-from-year-ago","title":{"rendered":"US chipmaker Nvidia posts record quarterly revenue of $30B, up 122% from year ago"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>US-based chipmaker Nvidia posted record quarterly revenues amid booming demand for artificial intelligence (AI), according to its financial results statement released Wednesday.<\/p>\n<p>The California-based company posted record revenue of $30 billion for the second quarter of 2025 fiscal year ended July 28, up 122% from $13.5 billion in the same period last year.<\/p>\n<p>The company said it also saw record quarterly data center revenue of $26.3 billion, which soared 154% from the same period of 2023.<\/p>\n<p>&#8220;NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI,&#8221; founder and CEO Jensen Huang said in the statement.<\/p>\n<p>&#8220;Across the entire stack and ecosystem, we are helping frontier model makers to consumer internet services, and now enterprises. Generative AI will revolutionize every industry,&#8221; he added.<\/p>\n<p>Net income, meanwhile, soared a massive 168% to almost $16.6 billion in the second quarter from approximately $6.2 billion in the same period last year.<\/p>\n<p><strong>For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. US-based chipmaker Nvidia posted record quarterly revenues amid booming demand for artificial intelligence (AI), according to its financial results statement released Wednesday. The California-based company posted record revenue of $30 billion for the second quarter of 2025 fiscal year ended July 28, up 122% from $13.5 billion in the same period last [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":44921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[3497,4132,241,3165,3397],"class_list":["post-44922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-artificial-intelligence-ai","tag-data-center","tag-mauritius","tag-nvidia","tag-revenue"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US chipmaker Nvidia posts record quarterly revenue of $30B, up 122% from year ago - Mauritius<\/title>\n<meta name=\"description\" content=\"US-based 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