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Nvidia Company Makes Much Money

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Nvidia is a big company from the USA. It builds special parts for computers. People call these parts chips. These chips are important for artificial intelligence. Many companies want to buy these chips.

Nvidia shows new numbers. The company earns much money. The revenue is 96 billion dollars. This is twice as much as last year. The profit also rises a lot. It is almost 60 billion dollars.

The company plans even more for the future. It wants to take in 108 billion dollars. This is more than experts think. Still, the value of the stock drops a little. Investors worry about the future. Nvidia is now the most valuable company in the world.

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Definitions

Artificial Intelligence
Artificial intelligence means computers can learn like humans. They solve hard tasks alone.
Revenue
Revenue is all the money a company gets from sales. Costs are not subtracted yet.
Stock
A stock is a share in a company. People buy stocks to be co-owners.
Analyst
An analyst is an expert for economy. He guesses how much money companies earn in the future.

People

Stephan Kemper
He is an important expert for investments at the bank BNP Paribas.

Locations

United States of America
A big country in North America. Many tech companies have their seat there.
China
A very big country in Asia. It is an important market for tech.

Sources

Logo 20 Min
20 Min

KI: Nvidia veröffentlicht Quartalszahlen - Gewinn und Umsatz verdoppelt

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Logo Spiegel
Spiegel

Nvidia verdoppelt innerhalb eines Jahres Umsatz und Gewinn

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Logo ORF
ORF

Nvidia übertrifft mit Umsatzprognose Erwartungen

Read now
Logo VOL
VOL

Nvidia übertrifft Erwartungen mit Umsatzprognose

Read now

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