Semiconductor manufacturer Nvidia (NVDA) outpaced expectations for its fourth quarter, posting figures of $39.3 billion in revenue (vs. forecasts of $38.25 billion) and adjusted earnings of $0.89 per share (vs. forecasts of $0.84) in the company’s release on Wednesday.
“We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter,” Nvidia CEO Jensen Huang said in a statement.
CFRA Research senior equity analyst Angelo Zino joins Yahoo Finance hosts Julie Hyman and Josh Lipton for a conversation on Nvidia’s results and Huang’s comments from the company’s earnings call.
Nvidia’s Blackwell AI chip “is still in its early days,” Zino says, adding: “It’s going to be a more pronounced ramp as we kind of go here in the April quarter and the July quarter is out there. They’ve got a huge pipeline out there. We… didn’t have any concerns as far as the visibility was concerned — it was more about the execution side of things.”
Watch the full interview above to hear Angelo Zino’s expert insights about enterprise AI offerings and hyperscaler demand.
Also catch Yahoo Finance’s coverage of Nvidia’s earnings call and why Benchmark Company’s Cody Acree believes the tech giant’s margins outlook to be “a little concerning.”
Watch Yahoo Finance’s full Nvidia earnings special here: https://youtu.be/yTgxNQ580AA
#youtube #stocks #nvidia
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
