Nvidia(US:NVDA) 聪明投资者·2025-02-27 06:50Core Viewpoint - NVIDIA's financial performance shows significant growth, with Q4 2025 revenue reaching $39.331 billion, a 78% increase year-over-year, and a net profit of $22.066 billion, up 72% [1]. Financial Performance - In Q4 2025, NVIDIA reported revenue of $39.331 billion, a 78% increase compared to the same quarter last year, and a net profit of $22.066 billion, reflecting a 72% year-over-year growth [1]. - For the entire fiscal year 2025, NVIDIA achieved total revenue of $130.497 billion, a 114% increase year-over-year, with a net profit of $72.880 billion, up 145% [1]. Business Segments - The data center business generated $35.58 billion in revenue, marking a 93.32% increase year-over-year [1]. Market Reaction - Following the earnings report, NVIDIA's stock closed at $131.28 per share, up 3.67%, but experienced slight fluctuations in after-hours trading [2]. CEO Insights - CEO Jensen Huang highlighted the extraordinary demand for the AI chip Blackwell, leading to a significant increase in production [2]. Long-term Perspectives - Investor Duan Yongping expressed skepticism about NVIDIA's long-term competitive advantage, questioning whether the company will maintain its current market position in ten years [3][5]. - Duan emphasized the importance of understanding a company's long-term moat rather than just short-term growth [3][12]. Investment Philosophy - Duan Yongping advocates for a long-term investment perspective, suggesting that evaluating companies over a decade or more can provide valuable insights for investment decisions [4][34]. - He noted that understanding a business is crucial for making informed investment choices, and if a company is not comprehensible, it may not be worth investing in [25][33]. Competitive Landscape - Huang acknowledged that NVIDIA faces intense competition from various tech giants and startups, but he remains confident in the company's technological advantages and market position [44][48]. Future Outlook - Huang envisions a future where AI technology will proliferate across industries, with NVIDIA playing a central role in driving innovation [47][48].