- NVIDIA‘s Q4 revenue surged 73% year-on-year to $68.1 billion, significantly surpassing analyst expectations.
- The company’s data center division revenue grew 75% to $62.3 billion, driven by AI and accelerated computing demand.
- Future guidance of ~$78 billion for the next quarter exceeded Wall Street consensus estimates of $71.64 billion.
Shares of Nvidia Corp. surged more than 3% in after-hours trading Wednesday after the company reported blockbuster quarterly results and issued guidance that soothed investor concerns over AI stock valuations. The chipmaker reported fourth-quarter revenue of $68.1 billion, a 73% increase from the same period last year, which topped analyst expectations of $66.12 billion according to data from Fiscal.ai.
Consequently, revenue from its data center division skyrocketed 75% year-on-year to $62.3 billion, highlighting accelerated demand for AI and computing infrastructure. Nvidia’s outlook for the upcoming quarter also topped Wall Street projections, with the company forecasting revenues of $78 billion, plus or minus 2%, against a consensus of $71.64 billion.
Meanwhile, the company posted Q4 earnings per share of $1.62, soaring over street expectations of $1.54. “Computing demand is growing exponentially — the agentic AI inflection point has arrived,” said Nvidia founder and CEO Jensen Huang. He added, “Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth.”
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