Thu Nov 21 00:14:44 UTC 2024: ## Nvidia’s Blackwell AI Chips Fuel Record Revenue Projections
**New York, NY** – Nvidia, the world’s largest company by market capitalization, is poised to report record-breaking revenue for its fiscal 2025 third quarter, ending October 31st. The surge is driven by unprecedented demand for its new Blackwell artificial intelligence (AI) chips, according to a recent analysis by The Motley Fool.
Nvidia CEO Jensen Huang recently described demand for the Blackwell chips as “insane,” highlighting the remarkable performance leap over its predecessor, the H100. The Blackwell-based GB200 GPU system boasts a 30-fold increase in AI inference speed compared to the H100, while maintaining a similar price point. This significant cost efficiency is expected to make advanced AI models accessible to a broader range of businesses and developers.
Major tech giants are already heavily investing in Blackwell GPUs. Microsoft, rumored to be the largest buyer, allocated $20 billion in capital expenditures during its fiscal first quarter, largely directed toward AI data centers and chips. Amazon and Meta Platforms are also making substantial investments in AI infrastructure, further fueling demand for Nvidia’s products.
Nvidia’s Q2 fiscal 2025 revenue reached $30 billion, a 122% year-over-year increase, with data center revenue alone jumping 154% to $26.3 billion. The company projects $32.5 billion in Q3 revenue, but analysts predict even higher figures, potentially exceeding $32.9 billion. Morgan Stanley estimates Nvidia could sell up to 300,000 GB200 GPUs in the fourth quarter of 2024, with potential for 800,000 units in the first quarter of 2025.
The Motley Fool predicts Nvidia’s stock will be a top performer among trillion-dollar companies in the coming year, advising investors to consider holding or acquiring Nvidia stock ahead of the November 20th earnings report. The strong demand for Blackwell chips and the impressive performance gains suggest significant future growth for the company.
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