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Nvidia Beats Expectations with Strong Quarterly Earnings Despite Export Controls

  • Nvidia reported strong first-quarter earnings on May 28, 2025, with $44.1 billion revenue including $39.1 billion from data centers, reflecting growth despite export limits.
  • The earnings followed U.S. Export restrictions, especially on H20 chips for China, which caused a $4.5 billion charge, less than the $5.5 billion initially expected.
  • CEO Jensen Huang emphasized ongoing strong demand for AI technology and Nvidia’s leadership amid geopolitical and competitive challenges, including rising pressure from AMD.
  • Nvidia's gaming revenue hit a record $3.8 billion, up 48% year-over-year, while shares rose about 6% in premarket trading following the positive earnings announcement.
  • Despite missing billions in China AI chip revenue due to export controls, Nvidia expects to sustain growth but must navigate complex geopolitical and market pressures ahead.
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The Amsterdam stock exchange closed virtually unchanged on Thursday. The AEX index closed 0.02% lower at 924.22 points. Payment processor Adyen was the biggest gainer. The American stock exchanges initially reacted with relief this afternoon that a judge has provisionally put a stop to President Donald Trump's import duties. But that relief largely disappeared when it became clear that the White House also has other means to impose the import ta…

·Amsterdam, Netherlands
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NBC San Diego broke the news in San Diego, United States on Wednesday, May 28, 2025.
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