AI Chips

Nvidia reported a significant increase in fourth-quarter earnings, driven by strong demand for its AI chips, with revenue reaching $39.33 billion, a 78% year-over-year growth. The company also provided optimistic guidance for the first quarter of 2025, projecting revenue of approximately $43 billion.

Nvidia reports a significant increase in fourth-quarter earnings, driven by high demand for its AI chips, with a notable 78% year-over-year revenue growth. The company's data center business, focusing on AI GPUs, now represents 91% of total sales. Despite strong performance, concerns about slowing growth and competition from tech giants persist.