NVIDIA’s net income grew ~580% year-on-year in their 2024 fiscal year. FY2025 is on track for 100%+ growth, essentially 14x in the last 2 years. This is not coming from gaming, “AI hype” is having a huge effect on NVIDIA’s bottom line.
It all depends on whether AI companies can continue to find significant improvements to their models this year. Are transformers reaching their limits? Can researchers find the next level of performance or are we headed for another AI slump?
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NVIDIA’s net income grew ~580% year-on-year in their 2024 fiscal year. FY2025 is on track for 100%+ growth, essentially 14x in the last 2 years. This is not coming from gaming, “AI hype” is having a huge effect on NVIDIA’s bottom line.
It all depends on whether AI companies can continue to find significant improvements to their models this year. Are transformers reaching their limits? Can researchers find the next level of performance or are we headed for another AI slump?