Nvidia
-1.61 %
-90.38 %
Yet to be announced
Company Overview
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's products are used in gaming, professional visualization, datacenter, and automotive markets. It has a strategic collaboration with Kroger Co.
Revenue Sources
PassBased on NVIDIA's financial statements and business operations, their revenue primarily comes from the sale of GPUs, AI chips, and related technologies. These products have legitimate use cases in gaming, professional visualization, data centers, and automotive industries. None of these core business activities constitute haram sources of income.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Jan. 26, 2025 | $39.33b | $15.36b | - | $61.0m | 0.00% | 0.40% |
| Oct. 27, 2024 | $35.08b | $13.27b | - | $61.0m | 0.00% | 0.46% |
| July 28, 2024 | $30.04b | $11.46b | - | $61.0m | 0.00% | 0.53% |
| April 28, 2024 | $26.04b | $9.2b | - | $64.0m | 0.00% | 0.70% |
Analysis of NVIDIA's financial statements shows interest expense has remained constant at $61 million for three quarters and $64 million for one quarter, while total expenses ranged from $9.2 billion to $15.4 billion. The interest expense to total expense ratio remains well below the 5% threshold for all quarters examined.
Operational Ethics
FailNVIDIA maintains an R&D center in Israel and has ongoing operations there. In addition, the company has significant business relationships with Chinese companies, though direct ties to the Chinese Communist Party are not definitively proven.
The whole world is connected to US, Israel and China. US is directly linked to Israel. With this logic no US stocks will be halal.