Nvidia sells $11 billion of next-gen Blackwell AI chips in ‘fastest product ramp in our company’s history’,

Nvidia (NVDA) said Wednesday that its latest Blackwell AI chips have reached full-scale production, generating $11 billion in revenue during its fourth quarter.

“We delivered $11.0 billion of Blackwell architecture revenue in the fourth quarter of fiscal 2025, the fastest product ramp in our company’s history,” said Nvidia CFO Colette Kress in comments released with the chipmaker’s earnings results Wednesday after the bell.

“Blackwell sales were led by large cloud service providers which represented approximately 50% of our Data Center revenue.”

Nvidia’s fourth quarter earnings surpassed Wall Street’s high expectations.

The chipmaker reported revenue of $39.3 billion, beating Wall Street’s estimate of $38.2 billion, with data center revenue reaching $35.6 billion, ahead of the $34.1 billion expected. Nvidia reported adjusted earnings per share of $0.89, more than the $0.84 expected.

CEO Jensen Huang said in a separate statement, “We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter. Those four customers alone (known as “hyperscalers”) purchased an estimated $44 billion worth of Nvidia GPUs in the 2024 calendar year, according to a DA Davidson analysis.

Source: FINANCE.YAHOO