The turnover amounted to 35.1 billion dollars, equivalent to 3,871 billion kronor. This can be compared to the prognosis according to the analysis firm LSEG of 33.2 billion dollars.
The profit per share was 81 cents, compared to the expected 75 cents.
Yet another extremely strong report. The company exceeds estimates on all points and with a significant margin, says Maria Landeborn, analyst at Danske Bank.
Nvidia, which manufactures processors for artificial intelligence and graphics cards, is valued at 3,600 billion dollars or approximately 40,000 billion kronor. This corresponds to roughly three times the total value of the Stockholm Stock Exchange.
Nvidia has this year grown to become the world's largest company in terms of market value and is unique in that it consistently exceeds expectations quarter after quarter, says Maria Landeborn.
The increasing demand for Nvidia's products around the world has led to a price increase of 850 percent since the AI boom began two years ago. Just since the turn of the year, the share has risen by over 200 percent.
Judging by these figures, demand is still very high. Investments in AI are still significant, and some of Nvidia's largest customers are the other tech giants in the US, which means they are financially very strong customers, says Maria Landeborn.
What sets limits for Nvidia's future revenue is therefore not demand but rather what the company can produce.
Demand for the new chip Blackwell is greater than what Nvidia can deliver for several quarters next year, says Maria Landeborn.
