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Nvidia sales grow 78% on AI demand, company gives strong guidance

  • Nvidia reported a revenue of $39.3 billion for the fourth quarter, a 78% year-over-year increase, according to the company's earnings report.
  • Nvidia anticipates first-quarter revenue of approximately $43 billion, reflecting continued growth in AI and data center markets.
  • Nvidia faces rising operating expenses and tightening margins, impacting financial performance, as mentioned in their earnings report.
  • Jensen Huang noted that amazing Blackwell chip demand adds intelligence to AI models, emphasizing the company's strength in AI technology.
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Forbes broke the news in United States on Wednesday, February 26, 2025.
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