AI concept coins TAO, ICP, RNDR, etc. rose slightly! Nvidia earnings beat expectations

Nvidia, the leading American technology company, announced its first quarter 2025 financial report this morning (23rd). The financial report data was better than market expectations. As soon as the news came out, Nvidia's stock price rose after the U.S. stock market closed, breaking through the $1,000 mark for the first time. As of press time, it was trading at $1,007, with an after-hours increase of 6%.

First quarter financial report was better than expected

According to Nvidia’s official press release, Nvidia’s first quarter financial report was better than market expectations:

• Revenue Reaching US$26 billion, an annual increase of 262%, better than market expectations of 24.69 billion

• Adjusted earnings per share was US$6.12, better than Wall Street’s expectations of US$5.65

• Net profit is US$14.88 billion, an annual increase of 628%

In addition, Nvidia expects revenue in the next quarter to reach US$28 billion, exceeding market expectations of US$26.61 billion.

In addition, Nvidia’s main source of revenue in the first quarter, the data center department, had revenue of US$22.6 billion in the first quarter, an annual increase of 427%, accounting for 86.9% of the company’s total revenue. Revenue:

• Game Division: Revenue of US$2.65 billion, an annual increase of 18%

• Professional Visualization Department: Revenue of US$427 million, an annual increase of 18% Increased 45%

• Automotive division: revenue of US$329 million, an annual increase of 11%

At the same time, Nivdia also announced that it will conduct a stock split, proportion One share will be split into 10 shares, and the dividend will be increased by 150% after the stock split, from US$0.04 per ordinary share to US$0.1 per share. The stock split is expected to be implemented on June 7.

Four Highlights of the Financial Report

Not only did Nivdia’s first quarter financial report data exceed expectations, but its CEO Huang Jenxun’s speech on the financial report conference call is also worthy of attention. The following four highlights Highlights of this quarter’s financial report:

• Blackwell platform achieved revenue this year

Nivdia’s financial report stated that the Blackwell platform has been fully put into production and is expected to be launched this year Deliver to customers. In addition, Huang Renxun said that Blackwell architecture GPUs will be shipped in the second quarter, production will be increased in the third quarter, and a data center is expected to be established in the fourth quarter. Blackwell is expected to bring a lot of revenue to Nivdia this year.

• Eliminating concerns about demand gaps

As Blackwell enters production, some investors may worry that Nivdia customers will choose to wait Blackwell gave up buying Hopper, causing Nvidia to face a sales window. In response to concerns about the window period, Huang Renxun emphasized in the conference call that Blackwell can be backward compatible with Hopper's architecture system, which also means that customers can purchase Hopper first, and it will be easy to transition to Blackwell later.

In addition, Nivdia Chief Financial Officer Colette Kress pointed out that the demand for H2000 and Blackwell has far exceeded the supply, and this situation is expected to continue until 2025.

• The rise of sovereign AI and multi-modal business

In addition, Nvidia stated that sovereign AI and new multi-modal capabilities are the next steps for the company to further develop driving factors. Colette Kress also mentioned during the conference call that the importance of artificial intelligence has attracted the attention of every country. As countries around the world deploy sovereign AI, data center revenue will continue to be diversified. Nvidia expects sovereign AI revenue this year to rise from zero last year. Revenues rose into the billions of dollars.

Sovereign AI refers to the country’s ability to use its own infrastructure and data to produce AI. Multi-modal capabilities refer to the fact that AI uses multiple modal information such as text, images, and audio to perceive and understand.

• New chips "one generation per year"

Huang Renxun revealed in the conference call that Blackwell will not only launch new chips, but also speed up the production of chips. The update speed of the architecture has accelerated from one update every two years to one update a year: I can announce that Blackwell will launch another new film in the future, and our rhythm is one generation per year

AI Concept Token News Rising

Inspired by the news of Nivdia’s financial report, AI concept tokens in the crypto market have experienced good gains. Among them, TAO tokens have performed particularly well, currently quoted at US$456.24, with an increase of 9.6% in the past 24 hours. However, perhaps affected by the recent instability in the crypto market, although ICP, RNDR and other tokens experienced a wave of gains after the financial report was announced, they continued to fall, falling by 2.9% and 3.3% respectively in the past 24 hours.

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