Record Revenues for Nvidia Despite China Losses

TaiwanPlus News

Nvidia reported US$44.1 billion in revenue for Q1 2025, despite major losses in China due to U.S. export controls on AI chips. While the company took a US$8 billion hit in the China market, it has offset those losses with massive AI infrastructure deals, particularly in the Middle East.

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00:00The world's leading chip designer and AI powerhouse NVIDIA continues to bring in big

00:05money, despite losing significant business in China due to U.S. chip rules.

00:10The company reported revenue of $44.1 billion in the first quarter of 2025, beating analyst

00:16expectations.

00:17That's up 12 percent from the previous quarter and nearly 70 percent from a year ago.

00:22Investors had feared that U.S. export controls could shave off as much as $15 billion in

00:27China sales and unsold inventory.

00:30But on its earnings call, NVIDIA said the hit would be closer to $8 billion, still significant

00:34but far less than expected, and the company's stock was up 5 percent in after-hours trading.

00:40Analysts say NVIDIA is making up ground through huge new AI infrastructure deals, notably in

00:45the Middle East.

00:46If you're looking for upside in NVIDIA, it is more deals like this, more government sovereign

00:52deals for countries that can clearly afford it.

00:55The UAE deal is absolutely massive, the Saudi Arabia one is important, and on the call we

01:00heard Jensen say that basically every country is coming to him wanting to build out AI, so

01:06we think that's going to continue.

01:07NVIDIA also recently announced a new office complex will be built here in Taiwan, where

01:12many of their suppliers are located.

01:14And the company says it still plans to make products specifically for the Chinese market.

01:19So despite some setbacks, NVIDIA's AI revenue engine shows no signs of slowing down.

01:25Luffy Lee and Chris Gorin for Taiwan Plus.

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