Nvidia Exceeds Expectations – AI Boom Drives Revenue Up 73%

The AI champion Nvidia has once again raised the bar in the fourth quarter. With a revenue of $68.13 billion, the company clearly exceeded expectations of $66.21 billion. The adjusted earnings per share reached $1.62 instead of the forecasted $1.53. Compared to the previous year, revenue jumped by 73%. In the end, net income nearly doubled to $43 billion. The stock initially reacted positively in after-hours trading, continuing its outperformance in the current year. Data centers remain growth engine The centerpiece of the development is once...