Instant Reaction: Nvidia Gives Solid Forecast, Despite China Concerns

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

4 • 1.1K Ratings

🗓️ 28 May 2025

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results. Sales will be about $45 billion in the second fiscal quarter, which runs through July, the company said on Wednesday. That included the loss of roughly $8 billion in revenue from China because of export controls. The forecast was in line with analysts’ estimates, according to data compiled by Bloomberg.

Nvidia shares rose about 4% in extended trading following the announcement. The outlook shows that Nvidia is ramping up production of Blackwell, its latest semiconductor design. The chipmaker — now the world’s largest by revenue — dominates the market for AI accelerators, the components that help develop and run artificial intelligence models. And an ever-broader lineup of hardware and software is letting Nvidia sell more products to customers.

For instant reaction and analysis, hosts Carol Massar and Tim Stenovec speak with:

Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Sing
Joe Kaiser, Managing Director at Mercato Partners

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to an IHeart podcast.
0:04.9	The data that matters for your investment.
0:07.7	Single stock volumes, really surge and analysis on the company's making news on Wall Street.
0:13.1	Super Micro is catching our eyes.
0:15.1	Take a quick look at crypto stocks.
0:16.7	Listen to the Stock Movers report from Bloomberg.
0:19.6	A big bounce in the market today.
0:21.5	We're on a brutal three-day stretch.
0:23.4	It's your short audio report on the day's winners and losers in the stock market.
0:27.4	The highest intraday jump since 2020.
0:29.8	Subscribe to the stock movers report on Apple Podcasts, Spotify, or wherever you listen.
0:37.7	Bloomberg Audio Studios.
0:40.0	Podcasts, Radio, news.
0:44.0	This is a breaking news update from Bloomberg.
0:48.2	Instant reaction and analysis from our 3,000 journalists and analysts around the world.
0:54.8	Nvidia's out, folks. Let's get to it. Right now we've got in studio our Mandib Singh,
0:58.7	Bloomberg Intelligence, Senior Tech Industry analysts.
1:01.5	Mandi, tell us what you like. What's interesting in this report?
1:04.9	I mean, had it not been for the China write down, this company would have posted revenue,
1:09.9	which was 5% higher than the $44 billion number.
1:13.8	Right. And the guide would have been almost 15, 20% higher. So we're talking about $8 billion in lost
1:20.4	revenue. So clearly, whatever they're doing, they are able to make up that revenue lost in China with some other customers because
	...

Transcript will be available on the free plan in 7 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.