Nvidia sells $11 billion of next-gen Blackwell AI chips in 'fastest product ramp in our company’s history'
Published On Feb 26, 2025, 5:09 PM
Nvidia has achieved a significant milestone by generating $11 billion in revenue from its new Blackwell AI chips, marking the fastest product ramp in the company's history. This sales surge is largely attributed to demand from major cloud service providers, which contributed around 50% of the data center revenue. Nvidia's fourth-quarter results exceeded Wall Street expectations, reporting total revenue of $39.3 billion. Analysts remain optimistic about the strong demand for Blackwell chips, particularly from large technology companies such as Microsoft, Amazon, Google, and Meta. Nvidia anticipates its revenue for the first quarter of 2026 to be around $43 billion, surpassing forecasts.
Stock Forecasts
NVDA
Positive
Nvidia's strong revenue performance indicates robust market demand and successful product launch, especially for AI technologies. Given the increasing reliance on AI among major tech companies, continued upward momentum in Nvidia's stock price is likely as they fulfill supply orders and expand market share.
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