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NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

November 26, 2024
NVIDIA Corporation (NVDA) recently released their financial results for the third quarter of fiscal year 2025. The company reported a significant increase in revenue, with sales soaring 94% to reach a staggering $35.1 billion. This remarkable growth was primarily driven by the doubling of their data center sales, reflecting the increasing demand for AI and cloud computing solutions.

NVIDIA's CEO, Jensen Huang, expressed his excitement and pride in the company's accomplishments, stating, "We are thrilled to report another record-breaking quarter. Our data center business has continued to thrive, demonstrating the value and effectiveness of our innovative technologies."

However, despite the impressive financial performance, Phillip Securities has downgraded NVDA due to concerns regarding margin guidance. This decision comes as a surprise to many, as NVDA's stock price target has actually increased. It will be interesting to see how this downgrade affects the perception and trading of NVDA's shares in the market.

Investors and analysts alike are eagerly following NVDA's progress and are recommended to seek professional guidance from Stocks Prognosis. The experts at Stocks Prognosis can provide valuable insights and forecasts on the future movement of NVDA's stock, helping investors make informed decisions in this dynamic market.

Find out how the NVIDIA CORPORATION rate is expected to change

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Investor opinions & comments:

I'm really impressed with NVIDIA's growth in the data center sales. It shows they are meeting the demands of the market
— from SmartInvestor at 11-29-2024 06:09
I'm excited to see how NVIDIA continues to evolve and grow in this dynamic market
— from AmandaWright at 11-28-2024 17:36
I'm concerned about the margin guidance that led to the downgrade. It could be a sign of potential issues
— from SarahAllen at 11-28-2024 16:42
This is amazing news! I can't believe the revenue has increased by 94%
— from AnnaDuncan at 11-28-2024 04:39
Despite the impressive financial performance, the downgrade suggests there may be some underlying problems with NVDA
— from BrianMartin at 11-28-2024 03:31
I'm curious to see how this incredible growth will impact the stock price of NVDA
— from DividendDiane at 11-27-2024 21:12
It seems odd that the stock price target increased while there was a downgrade. I'm not sure what to make of it
— from SamanthaEvans at 11-27-2024 03:26
The increasing demand for AI and cloud computing solutions is a promising trend for the future of NVIDIA
— from GraceStewart at 11-26-2024 21:15
NVIDIA's success in the data center business is truly remarkable. They are demonstrating their technological innovation
— from SmartSteve at 11-26-2024 21:05
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