Nvidia CEO Jensen Huang in 2025FirstThe quarterly earnings conference call highlighted that there are currently 20,000 companies using Nvidia’s accelerated computing platform to develop GenAI Startups.
These companies cover a wide range of fields, from multimedia to digital characters, design to application production, digital biology and more. This surge in demand has left Nvidia with an unsatisfactory supply, and the CEO said this will continue until 2024. At the same time, Nvidia is actively promoting Ethernet networks to expand into the field of artificial intelligence computing. The CEO pointed out that Ethernet is an important opportunity for Nvidia to enter the data center network. The company has begun shipping its Spectrum-X platform, which is optimized for artificial intelligence workloads on Ethernet and is expected to become a multi-billion dollar product line within a year.
Overall, Nvidia has seen breakout growth in both the data center and gaming sectors.FirstQuarterly revenue reached $26 billion, up 262% year-on-year. Chief Financial Officer Colette Kress emphasized that the data center business was the main driver of growth, with revenue surging to $22.6 billion, up 427% from the same period last year. At the same time, revenue in the gaming sector was $2.65 billion, up 18% from the same period last year.
In the second quarter, Nvidia expects revenue to reach about $28 billion, with quarterly growth expected across all market platforms. In addition, the company announced a 10:1 stock split, causing its shares to rise 5.9% to $1,005.75 in after-hours trading.