The financial report exceeded expectations! Generative AI business explodes, Nvidia's net profit increases by 628%, and its stock price breaks through $1000! Pinduoduo has also exploded, surpassing Alibaba's market value in the intraday market
云海听松
发表于 2024-5-23 14:14:29
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After the US stock market closed on Wednesday local time, Nvidia released its first quarter financial report. Data shows that the company's revenue for the first quarter of fiscal year 2025 was $26.044 billion, a year-on-year increase of 262.12%, compared to analysts' previous forecast of $24.65 billion. The net profit was 14.881 billion US dollars, a year-on-year increase of 628%. The company also made a strong forecast for the second quarter, with an expected revenue of $28 billion.
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