Nvidia Rides On High On Greater-Than-Expected Projected Revenue From New Blackwell Chips

Nvidia, as a company producing path-breaking chips and as a star of the American indices, especially the Nasdaq, has not been in the limelight recently. The company had one of its best calendar years in 2024, with its value, boosting past all expectations amidst the AI boom.

Nvidia Projects High Revenue

The company even had to split its stocks, in order to making buying the stocks affordable.

In 2025, despite not being a headline maker amid Trump's inauguration, Jensen Huang-led company has steadily increased its footprint and only bettered its valuation.

The company shares closed in green with major gains on Tuesday, January 21. This came to pass after the company had projected better-than-expected revenue from the sale of its new line of highly advanced Blackwell Chips.

Blackwell chips are those highly sophisticated chips, that for many are in the thick of things of the AI revolution.

In addition, Taiwan-based Foxconn's most recent findings indicate that any hardware problems NVIDIA could be experiencing have significantly improved recently.

Nvidia projects its revenue from the Blackwell chips alone to rise to USD 9 billion by next year.

Nvidia Shares Soar

As a result of this development, the company shares boomed on Tuesday, closing at USD 140.83 per share. This came to pass after a major gain of 2.27 per cent or USD 3.12 in the intraday trade.

In the past five trading sessions, the company shares have jumped by an impressive 3.43 per cent or USD 4.67, strengthening it further.

When we look at the company's valuation rose by 2.27 per cent in the recent past. This has taken the overall market capitalisation of Nvidia to a staggering USD 3.448 trillion.

This surge maintains its position as the world's second-biggest company, in terms of market capitalisation after another tech giant, Apple.

On this list, Nvidia is followed by Microsoft at third position, with USD 3.185 trillion.