Nvidia CEO Huang confirms strong AI chip demand despite China export hurdles

Nvidia's latest quarter showed a 69% revenue surge to $44.1 billion, underscoring its AI dominance despite a dip in adjusted EPS due to lost China sales. CEO Jensen Huang's reassurance of robust AI chip demand highlights Nvidia's resilience amid geopolitical challenges.

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Updated 2h ago

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The Headline

Nvidia posts strong Q1 revenue, EPS impacted by China export controls

Demand for its AI chips remains strong despite challenges in China.

Jensen Huang

CEO of Nvidia

Key Facts

Nvidia reported Q1 2025 revenue of $44.1 billion, marking a 69% increase year-over-year and beating expectations.
Adjusted EPS was $0.81, below estimates of $0.93, but $0.96 after excluding charges related to lost China business due to US export controls.
CEO Jensen Huang confirmed strong demand for Nvidia's AI chips despite the challenges posed by US export controls affecting the China business.

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Background Context

Nvidia's AI growth amid booming AI market and cloud expansion

Key Facts

Nvidia shares have surged over 2,200% since January 2020, exemplifying its dominant position in the AI-driven market.
Qualcomm's chipset business, comprising 64% of its revenue in H1 fiscal 2025, benefits from AI-driven upgrade cycles, supporting the broader AI market ecosystem.
Goldman Sachs projects AI to drive global cloud computing revenue to $2 trillion by 2030, growing at a 22% annualized rate.

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