Reported about 8 hours ago
Nvidia experienced a remarkable increase in fourth-quarter sales and profits, reporting $39.3 billion in revenue, boosted by strong demand for its Blackwell AI chips. This marks a 12% rise from the previous quarter and a 78% increase year-over-year, exceeding Wall Street expectations. Despite recent competitive challenges in the AI sector from Chinese firm DeepSeek, Nvidia's position remains strong, solidifying its status as a leading player in the AI market.
Source: YAHOO