Nvidia reported a remarkable increase in fourth-quarter profit and sales, with revenue hitting $39.3 billion—up 12% from the prior quarter and 78% year-over-year. This growth is primarily attributed to soaring demand for its Blackwell AI chips, which enhance the capabilities of artificial intelligence systems. Founder Jensen Huang emphasized that this technology is geared toward revolutionizing industries as AI continues to progress rapidly. Nvidia's earnings surpassed Wall Street expectations, with a strong forecast of $43 billion for the upcoming quarter, driven largely by data center sales.
Nvidia's fourth-quarter earnings exceeded expectations with a significant increase in profits and sales, driven by high demand for their Blackwell AI chips.
Jensen Huang noted that the demand for Blackwell is remarkable as AI evolves, showcasing its capability to enhance model intelligence through increased computing.
Nvidia's projected revenue for the first quarter of fiscal 2026 is around $43 billion, signaling strong ongoing growth in their data center sales.
The data center market's expansion is bolstered by a new venture involving OpenAI, Oracle, and SoftBank, which aims to invest heavily in AI-related infrastructure.
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