Business News
The chip company Nvidia has continued to grow rapidly in the AI boom.
May 21, 2026, 04:43May 21, 2026, 04:43
Last quarter, sales rose 85 percent year-over-year to $81.6 billion. Growth was therefore higher than in the previous quarter.
Nvidia is still doing well financially.Image: keystone
Operating profit adjusted for special items climbed by almost 150 percent to $53.5 billion. The AI pioneer once again exceeded the experts’ expectations. The bottom line is that Nvidia earned $58.3 billion after a profit of almost $18.8 billion in the same quarter last year.
Sales expected for the current quarter of around $91 billion are above the average forecast by analysts. With its products for data centers, Nvidia is a central driver of the AI boom and is benefiting the most from it.
Nvidia is the most valuable company in the world
With its products for data centers, Nvidia is a central driver of the AI boom and is benefiting the most from it. The company’s market value has increased more than 15-fold to $5.6 trillion in the past five years. This makes Nvidia currently the most valuable company in the world, followed by Google parent Alphabet with $4.7 trillion.
Investors initially reacted cautiously to the eagerly awaited figures. In the first few minutes after the figures were published, the price fell by around three percent after trading. After that it fluctuated around zero. Some market participants had hoped for more, especially when it came to sales forecasts.
Nvidia’s nevertheless good figures could drive the already overheated AI engine even further, from which stocks such as VAT, Comet, Inficon and AMS Osram could further benefit in Switzerland. (sda/dpa)