Nvidia quarterly revenue surges nearly 70% on AI boom

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Nvidia has increased by about 70 percent in quarterly income, as the speed of spending on artificial intelligence chips continues to control the export control, which has denied China’s sale of China.

Nvidia On Wednesday, April 2 April from April 2, April, earned $ 1.5 billion from April, 69 percent a year and Wall Street is expected to be $ 43.3 billion.

But the US Chip In the infrastructure AI, the designer at the center of the global spending spry says that it has earned $ 45 billion for the current quarter, plus or minus 2 percent, which means that the amount of bloomberg Sens minimum can be slightly below $ 45.5bn.

Nvidia Chief Executive Jensen Huang says the company is seeing “incredibly strong” demand for its products.

The company is navigating new exports in April, along with the influence of US President Donald Trump’s trade war with China, preventing selling AI chips specially designed for China market. As a result of these carbs, this group took charge of $ 4.5bn in April Quarter and said it had already dropped $ 2.5 billion in sale. Its direction for the present time reflects $ 8 billion loss in the revenue of lost sales to China.

With the announcement, the NVDia shares have increased by about 4 percent in the business after the announcement.

Knit income increased by 26 percent to $ 18.8 billion, which is a bit below the estimate of 19.5 billion.

Adjosted Gross Margin – A measure of profitability that excludes operating costs and $ 4.5 billion April charges – 71.5 percent, in line with 715 percent that it was expected in its last income report in February and Wall Street keys were expected.

Expected by analysts .73..7 percent was slightly above 72 percent above the company’s total margin view of the company for the current quarter.

Nvidia margins go back this year, the company quotes the transformation of its more complex and expensive blackwell chip systems, which was launched last year. Nvidia and its suppliers have recently contained Solution Technical issues with blackwell servers that threaten to delay the rollout.

Before the results, analysts warned that the new China sales ban would bring down the margin for the margin.

The company is thinking about how its chips can be re -designed to serve the Chinese market while complying with the latest US export control.