Nvidia's AI boom drives revenue despite US limits

zeit.de (German)

Nvidia's revenue surged 70% in the first quarter, driven by the AI boom, despite US export restrictions. The company's profits also increased significantly. The chipmaker's revenue reached $44.1 billion, with profits up over 25%. CEO Jensen Huang warned that US trade policies could empower Chinese AI competitors, potentially costing Nvidia $8 billion in sales this quarter. US export controls, including those from the Trump administration, are limiting Nvidia's access to the Chinese market. The company is now focusing on opportunities in other regions, such as a deal with Saudi Arabia.


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