17:24 - 27.02.2025

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February 27, Fineko/abc.az. American company NVIDIA, a manufacturer of chips and other high-tech equipment, has presented a report for the fiscal year that ended at the end of January.

ABC.AZ reports that quarterly revenue grew by 78% up to $39.3 bn. Company's annual income increased by 114% up to $130.5 bn, and net profit by 145% up to $72.9 bn.

As in previous quarters, Nvidia's success this time was linked with the continued demand for artificial intelligence chips. Thus, the company remains a leader in the field of graphics processors. Nvidia shares plummeted after the introduction of a new neural network by Chinese company Deep Seek in January and February. However, demand for Nvidia chips remains high.