Reported 11 months ago
Nvidia recently announced its fiscal 2025 first-quarter results, showing remarkable performance driven by the artificial intelligence (AI) market's health. The company's revenue soared by 262% year over year, with data center revenue accounting for 87% of its top line. With Nvidia's dominant position in the AI chip market and the company set to bring its Blackwell chips into full production, the future looks bright. Despite a rich valuation, Nvidia's rapid growth justifies its price-to-earnings ratio, making it an attractive investment for those eyeing the booming demand for AI chips.
Source: YAHOO