Nvidia, the AI chip powerhouse just reported a pretty impressive 80% jump in revenue.
The reason? Amazing demand for its AI-focused Blackwell chips, per CEO Jensen Huang.
The numbers are good
Nvidia’s fourth-quarter revenue hit $39.3 billion, beating Wall Street estimates by a big margin.
Data center revenue, which accounts for most of Nvidia’s earnings, jumped to $35.6 billion, almost doubled with a 93% increase from last year.
Earnings per share also exceeded expectations, coming in at 89 cents compared to the predicted 84 cents.
The AI rush is bigger than the gold rush?
Nvidia’s success is no surprise given the current AI frenzy.
The company is literally at the forefront of agentic AI, and its chips are in high demand for machine learning and high-performance computing.
Huang says AI is advancing at light speed, and Nvidia is leading the charge.
Market Impact
Despite a small-ish stock dip after Chinese AI firm DeepSeek unveiled a rival model, Nvidia’s shares rebounded, closing up 3.67% on February 26. On the other hand, they’re still below their all-time high from November.
The AI boom isn’t just benefiting Nvidia, but it’s also attracting other players. Bitcoin mining companies are diversifying into AI, and firms like Microsoft are investing heavily in AI center.
The AI race is clearly heating up, with Nvidia firmly in the lead. While some experts worry about market saturation, Nvidia’s latest earnings suggest that demand for high-performance AI chips remains strong.
This isn’t just about tech, it’s about how AI is transforming industries one after another. So, buckle up, AI is here to stay, and Nvidia is driving the bus.
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