The Next Big Thing in AI: Musk's Secret Supplier

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

Nvidia overcomes tariff-driven turbulence to deliver results that eclipsed analyst projections

MICHAEL LIEDTKE
May 28, 2025

SAN FRANCISCO (AP) -- Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.

The results announced Wednesday for the February-April period came against a backdrop of President Donald Trump's on-again, off-again trade war that has whipsawed Nvidia and other Big Tech companies that have been riding AI mania to propel both their revenue and stock prices increasingly higher.

But Trump's fusillade of tariffs -- many of which have been reduced or temporarily suspended - hammered the market values of Nvidia and other tech powerhouses heading into the springtime earnings season as investors fretted about the trade turmoil dimming the industry's prospects.

Those worries have eased during the past six weeks as most Big Tech companies lived up to or exceeded the analyst projections that steer investors, capped by Nvidia's report for its fiscal first quarter.

Nvidia earned $18.8 billion, or 76 cents per share, for the period, a 26% increase from the same time last year. Revenue surged 69% from a year ago to $44.1 billion. If not for a $4.5 billion charge that Nvidia absorbed to account for the U.S. government's restrictions on its chip sales to China, Nvidia would have made 96 cents per share -- far above the 73 cents per share, excluding certain items envisioned by analysts.

The performance helped Nvidia's shares by gaining nearly 4% in extended trading after the numbers came out. Nvidia's stock price ended Wednesday's regular trading session at $134.81, just slightly below where it stood before Trump's Jan. 20 inauguration. The price had plunged to as low as $86.62 last month during a nosedive that temporarily erased $1.2 trillion in shareholder wealth.

Continue Reading...

Popular

Cathie Wood's Ark Invest Shuffles Portfolio: Trades Include Intuitive Machines, Oklo, And More

Cathie Wood-led Ark Invest made significant trades, selling shares of Block and Cameco Corp, and buying shares of BWX Technologies.

Embed-Table-Trump-Travel Ban-Overstays ADVISORY

TRUMP TRAVEL BAN-OVERSTAYS — Table. This AP digital embed table shows the rates that visitors to the U.S. from the 19 countries listed in President Donald Trump's travel ban overstayed tourist and student visas in the 2023 fiscal year. This table is current as of June 6, 2025, and will not update. Source: Department of Homeland Security.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Appeals court allows Trump’s anti-union order to take effect

WASHINGTON (AP) — An appeals court has cleared the way for President Donald Trump's executive order aimed at ending collective bargaining rights for hundreds of thousands of federal employees while a lawsuit plays out.

Spike in steel tariffs could imperil Trump promise of lower grocery prices

NEW YORK (AP) — President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles.

The Next Big Thing in AI: Musk's Secret Supplier - Ad

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

AST SpaceMobile Shares Are Facing Selling Pressure Today: What's Going On?

AST SpaceMobile Inc. (NASDAQ: ASTS) shares are trading lower Monday, adding to losses since the company reported first-quarter earnings last week that included revenue and earnings below expectations despite strong operational updates.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Mark Zuckerberg Gets 'Really Frustrated' And In A Bad Mood When He Can't Do This One Thing

Zuckerberg leaves his calendar half empty to stay flexible and tackle top priorities. He joins others in rejecting too many meetings for productivity.

Here's a look at recent aircraft tragedies, mishaps and close calls

Multiple people were killed when a private jet Thursday morning, adding to the long list of aviation disasters this year.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Billion dollar pizza? Bitcoin soars on key anniversary of crypto's growth

It’s not an official holiday – yet – but for many cryptocurrency enthusiasts “Bitcoin Pizza Day” is still special. Thursday marks the 15th anniversary of the first known use of cryptocurrency to buy real-world goods.

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

RFK Jr.'s MAHA report raises concerns about vaccines, American foods and prescription drugs

WASHINGTON (AP) — A government report released on Thursday covering wide swaths of American health and wellness reflects some of the most contentious views on vaccines, the nation's food supply, pesticides and prescription drugs held by U.S. Health and Human Services Secretary .

Benzinga Bulls And Bears: Alphabet, L3Harris, Target — And Latest Tariff News Roils Markets

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

How $2.80 Unlocks Luxury Real Estate - Ad

Luxury home prices are growing twice as fast as the broader market. Pacaso's luxury portfolio maximizes demand with a streamlined co-ownership platform. They've made $110M+ in gross profits already and recently reserved the Nasdaq ticker PCSO.

Air traffic control system must be improved to prevent problems like Newark airport, officials say

The that disrupted flights at New Jersey's largest airport this spring could be repeated anywhere across the country, so Transportation Secretary Sean Duffy is trying to sell Congress on his plan to that will cost “tens of billions.”

US Military Just Validated This AI Threat Detection Stock - Ad

A $12M security stock just passed one of the toughest national security tests out there - spotting hidden IEDs, plastic explosives, and non-metallic weapons with over 90% accuracy in US military trials. Now it's rolling out in airports, courthouses, and federal labs.

$110M Wiped Out: Bitcoin Whale Trader Gets Burned As BTC Tags $104,150

Pseudonymous crypto trader James Wynn, known for his high-leverage strategies, suffered losses exceeding $110 million after Bitcoin‘s (CRYPTO:

The $5.7m TSA Bet You Haven't Heard Of - Ad

One AI scanner just received $5.7M in TSA funding. It detects threats others miss - and trades at a 98% discount to Evolv.

Disney Sues YouTube To Block Hiring Of Former ESPN Executive Justin Connolly Amid Sports Streaming Turf War

Disney has sued YouTube to block its hiring of former ESPN executive Justin Connolly, alleging breach of contract and unfair competition, as both companies ramp up their sports streaming strategies.

Uranium Mining Stocks Rally After Trump's Nuclear Revival Order Ignites Industry Optimism

Trump's order will boost US nuclear energy, with goals to restart reactors, expand capabilities, and build new ones. Cameco Corp. stocks surge.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Tucker Carlson Agrees — Trump Organization's Middle East Deals Seem 'Like Corruption'

Tucker Carlson agreed that Trump's Middle East business deals "seem like corruption" after his administration secured massive AI and defense agreements with the same countries, reigniting conflict-of-interest concerns.

Mark Cuban's Favorite Social Media Platform Bluesky Makes Live Sports Important Part Of Ecosystem

X wants to keep users on the platform and isn't a fan of external links. Rival Bluesky is encouraging its users to click links and leave, if they're watching sports.

Technical Reversal Setting up for Security Microcap - Ad

A descending wedge, flat support, and insider buying. All signs point to a technical breakout on this C$0.35 AI stock.

Shares in China's CATL, world's biggest EV battery maker, surge in Hong Kong after $4.6 billion IPO

HONG KONG (AP) — Shares in CATL, the for electric vehicles, jumped about 13% Tuesday in its Hong Kong trading debut after it raised about $4.6 billion in the world’s largest initial public offering this year.

Google Warns Quantum Computers Could Crack Bitcoin-Like Encryption 20 Times Faster Than Expected

New research by Google suggested that RSA encryption, a critical security feature used in securing Bitcoin (CRYPTO: BTC), may be more susceptible to quantum computing attacks than previously anticipated.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Asian stocks rise and oil prices slip after Treasury yields ease

HONG KONG (AP) — Asian stocks rose early Friday as U.S. Treasury yields eased after a rocky week due to worries in the over mounting U.S. government debt.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $125M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO. But no need to wait.

South Korean presidential election roiled by coffee beans, Chanel bags and room salon

SEOUL, South Korea (AP) — South Korea’s presidential race has devolved into personal attacks and petty disputes, drowning out meaningful policy debate after former conservative leader over his martial law fiasco.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service