Welcome to our dedicated page for Nvidia Corporation news (Ticker: NVDA), a resource for investors and traders seeking the latest updates and insights on Nvidia Corporation stock.
NVIDIA Corporation (NVDA) drives innovation in accelerated computing through its industry-leading GPUs and AI platforms. This resource aggregates official announcements and verified news about the company's advancements in visual computing, data center solutions, and artificial intelligence infrastructure.
Investors and industry observers will find timely updates on product launches, strategic partnerships, and technological breakthroughs. The curated collection includes earnings reports, R&D milestones, and market expansion initiatives—all sourced directly from NVIDIA's communications and reputable financial analysis.
Key focus areas span GPU architecture innovations, AI software ecosystem developments, and enterprise computing solutions. Regular updates ensure stakeholders maintain informed perspectives on NVIDIA's role in shaping next-generation technologies across gaming, professional visualization, and cloud computing sectors.
Bookmark this page for streamlined access to NVIDIA's latest corporate communications. Combine these primary sources with sector analysis tools to better understand the company's evolving market position and technological impact.
NVIDIA has announced its participation in the BofA Securities Global Technology Conference on June 5, 2024, at 12:30 PM Pacific time.
The event will feature a live audio webcast of NVIDIA's financial presentations, accessible via the company's investor relations website.
Replays of the webcast will be available for a period of 90 days after the event.
NVIDIA announced its Q1 FY25 financial results, reporting a record quarterly revenue of $26.0 billion, an increase of 18% from Q4 and 262% year-over-year. Data Center revenue also reached a record $22.6 billion, up 23% from Q4 and 427% year-over-year. GAAP earnings per share were $5.98, up 21% from Q4 and 629% year-over-year, while non-GAAP earnings per share were $6.12, up 19% from Q4 and 461% year-over-year.
The company introduced a ten-for-one forward stock split effective June 7, 2024, and raised its quarterly cash dividend by 150% to $0.01 per share on a post-split basis. The revenue outlook for Q2 FY25 is projected at $28.0 billion, with gross margins expected to be around 74.8% GAAP and 75.5% non-GAAP.
Key drivers for the growth include strong demand for generative AI and the launch of new platforms such as Blackwell and Spectrum-X. NVIDIA also expanded partnerships with major cloud providers and automotive companies.
NVIDIA announced the deployment of nine new supercomputers worldwide using NVIDIA Grace Hopper Superchips, delivering 200 exaflops of energy-efficient AI processing power for scientific research. The systems include EXA1-HE in France, Helios in Poland, Alps in Switzerland, JUPITER in Germany, DeltaAI in the US, and Miyabi in Japan. These systems drive a shift towards AI-powered high-performance computing, accelerating research in various fields.
NVIDIA accelerates quantum computing research at supercomputing centers in Germany, Japan, and Poland with the open-source CUDA-Q platform. Supercomputers in these countries will integrate QPUs to advance quantum computing, with specific applications in AI, energy, biology, chemistry, and machine learning. The collaboration with IQM Quantum Computers, QuEra, and ORCA Computing allows for innovative quantum-classical hybrid systems that enhance scientific discovery and push the boundaries of quantum-integrated supercomputing.
NVIDIA has scheduled a conference call for May 22 to discuss its first-quarter financial results of fiscal year 2025. The CFO's commentary will be provided in writing ahead of the call. The call will be webcast live on investor.nvidia.com, followed by a Q&A session to financial analysts and institutional investors.
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