15:58 - 29.05.2025

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May 29, Fineko/abc.az. Nvidia shares in creaesd more than by 6% after the quarterly report.

ABC.AZ informs that the figure is approx. $200 billion in absolute terms, given the huge market capitalization of the company.

Despite the U.S. administration's ban on the supply of artificial intelligence chips to China and, consequently, quarterly losses of $2.5 billion, revenue ($44 billion) still exceeded expectations, increasing by 69% year-on-year.

Company's CEO, Jensen Huang, continues to fight for the Chinese market, despite Donald Trump's position.

"Half of the world's artificial intelligence researchers are located in China, so a platform that will conquer China will provide global leadership," Huang said.