Dive Brief:
- Nvidia’s revenue for Q4 of its fiscal year 2025 spiked 78% year over year to $39.3 billion, as demand for its Blackwell GPU chip continues to soar, according to an earnings report this week.
- The semiconductor giant saw particular growth in its automotive segment, for which revenue climbed 103% YOY to $570 million, thanks to chip demand in autonomous vehicles.
- The company is revving Blackwell production to keep up with the demand growth, with 350 plants manufacturing the 1.5 million components that go into the chips. “We're going to have to continue to scale as demand is quite high, and customers are anxious and impatient to get their Blackwell systems,” President and CEO Jensen Huang said on an earnings call Wednesday.
Dive Insight:
Nvidia has been riding high on skyrocketing AI chip demand for months — annual FY 2025 revenue hit $130.5 billion, up 114% YOY.
Despite facing supply constraints earlier in the year over Blackwell, the company and its supply chain recovered well, Huang said.
“We're fully recovered, of course. The team did an amazing job recovering and all of our supply chain partners and just so many people helped us recover at the speed of light,” Huang said. "And so now we've successfully ramped production of Blackwell."
The company is also already preparing to launch the next iteration of the GPU, Blackwell Ultra.
"The next train is on an annual rhythm and Blackwell Ultra with new networking, new memories and of course, new processors, and all of that is coming online," Huang said.
In the automotive sector, Nvidia now expects its vertical revenue to grow to $5 billion this year, EVP and CFO Colette Kress said on the call.
"Virtually every AV company is developing on NVIDIA in the data center, the car or both," Kress said.
Like other semiconductor companies, Nvidia is closely eyeing the Trump administration's looming tariffs. Nvidia has also been navigating export controls imposed by the Biden administration in January, which restrict the sale of AI chips to China.
“Tariffs at this point, it's a little bit of an unknown until we understand further what the U.S. government's plan is,” Huang said.
