Nvidia's fourth-quarter earnings exceeded Wall Street forecasts, driven by strong demand for its AI chips, with significant growth in data centre revenue and a positive outlook for the first quarter of 2025.
Nvidia has reported impressive third-quarter earnings, surpassing market expectations primarily due to the strong performance of its AI chip segment. The company credits substantial demand for its latest chip, Blackwell, and a significant year-on-year growth in its Data Center segment. Despite these positive financial results, Nvidia faces potential geopolitical risks and market concerns over the sustainability of its growth, along with noted shifts in investor positions.