Nvidia Earnings Surpass Expectations Driven by AI Demand

Reported about 5 hours ago

Nvidia reported record fourth-quarter earnings, exceeding analysts' predictions as AI demand fuels a surge in revenue. The company achieved $39.33 billion in quarterly revenue, a 78% increase year-over-year, with a significant contribution from its data center segment, which nearly doubled to $35.6 billion. CEO Jensen Huang highlighted the impressive sales from Blackwell AI supercomputers, and Nvidia projected first-quarter revenue of $43 billion.

Source: YAHOO

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