NVIDIA beats the game: it has clean profits of 10 million per hour

The fever for artificial intelligence has benefited Nvidia, which has been crowned as one of the companies with the largest market capitalization in the world. The microprocessor company led by Jensen Huang is light years ahead of its competitors with clean profits of 10 million per hour.

Nvidia has increased its revenues by 94% in the third quarter to 33.3 billion euroswhile in the same period of 2023 it barely exceeded 17,000 million. Annual profits have also doubled by 109%, according to the report.

The company is ambitious and hopes to continue growing in the coming months. Jensen Huang dreams of generating revenue of 37.5 billion dollars in the fourth quarter, about 35.6 billion euros at the exchange rate.

Nvidia cannot meet the demand for processors

The microprocessors Nvidia They are the most requested on the market, but the company cannot meet the demand. “Both the Hopper and Blackwell systems have certain supply constraints, and demand for Blackwell is expected to exceed supply for several quarters in fiscal 2026,” according to the quarterly report.

The CEO of the company has confirmed that “Blackwell is in full production after a successfully executed change”, for the moment They prefer to take advantage of the strong demand that the Hopper is having.

The transition to Blackwell could take a toll on your accounts. The profit margin would decrease in the fourth quarter between 73% and 73.5%. The figures for the previous quarter were 75%, but Nvidia expects them to continue falling in the coming months until approaching 70%. The company could return to 75% when new products are manufactured on a larger scale.

Nvidia has been able to take advantage of the boom in artificial intelligence and has achieved triple its value in one year with total revenues of 2.2 trillion dollars. The market capitalization is more than 3.5 trillion, surpassing giants such as Apple and Microsoft.

One of the keys to Nvidia’s success is investment in data centers, essential for cloud computing that powers generative AI.

Revenue in that area for the third quarter was $30.8 billion, an increase of 112% from last year. Nvidia has become the provider of cloud operators such as Amazon’s AWS, Microsoft’s Azure or Alphabet’s Google Cloud.

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Tags: Money, NVIDIA, Processors