The focus of Wall Street was once again on Nvidia’s earnings report, a key player in the artificial intelligence boom. Following Wednesday’s closing bell, the chipmaker announced earnings that surpassed analysts’ predictions, causing a 2% increase in shares during after-hours trading, possibly suggesting that investors had hoped for even better performance.
This earnings report marks Nvidia’s first since DeepSeek, a Chinese company, shook the AI sector. DeepSeek claimed to have created a large language model capable of competing with major U.S. companies without relying on the most expensive chips. Upon this announcement, Nvidia’s market capitalization experienced a nearly $600 billion decrease in a single day.
Here’s a numerical breakdown of Nvidia’s performance.
$3.215 trillion
As of Wednesday’s close, before the earnings release, Nvidia’s total market capitalization stood at this figure. This places them second in the S&P 500, only behind Apple ($3.611 trillion). Microsoft ranks third with a market value slightly below $3 trillion ($2.972 trillion). Just two years prior, Nvidia’s market value was less than $600 billion.
-17%
This represents the drop in Nvidia’s stock price on January 27, following DeepSeek’s announcement. The news cast doubt on the anticipated spending for Nvidia’s chips and the overall AI ecosystem. It’s worth noting that the stock had risen by over 170% in 2024.
$39.33 billion
This is Nvidia’s revenue for the fourth quarter, exceeding Wall Street’s expectations and marking a 78% increase compared to the same quarter last year.
$130.5 billion
This is Nvidia’s revenue for the fiscal year ending in January 2025. It’s more than double the revenue from fiscal year 2024 and over four times the revenue from the year before that.
22%
According to S&P Dow Jones Indices, approximately this percentage of the S&P 500’s gains for the previous year can be attributed to Nvidia alone. In comparison, Amazon accounted for about 6% of the gain. Nvidia replaced Intel in the Dow Jones Industrial Average in November.
649 billion
With Nvidia’s market value of $3.215 trillion, you could purchase this many dozens of eggs, using the average price of $4.95 per dozen in January, as reported by the Federal Reserve. Egg prices have increased significantly due to a bird flu outbreak, leading to supply shortages in some areas.
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