NVIDIA'S SOARING SUCCESS 

RECORD-BREAKING Q4 EARNINGS

FINANCE 

By Aviion Business

Nvidia attributes its stellar results to unprecedented demand for microchips (GPUs) driving AI applications. Sales surge by 265% YoY, propelling the company's stock up by 14% in premarket trading.

DEMAND FUELS GROWTH:

Nvidia's Data Centre business shines, with a 409% YoY increase, reaching $18.40 billion U.S. However, growth could have been higher if not for U.S. restrictions on exporting AI technology to China.

DATA CENTER DOMINANCE:

Nvidia's gaming business, inclusive of graphics cards for PCs and laptops, sees a 56% YoY increase, reaching $2.87 billion U.S. AI microchips now drive the company, surpassing its traditional gaming focus.

GAMING BUSINESS RISE:

Nvidia projects Q1 sales of $24 billion U.S., surpassing analyst predictions of $22.17 billion U.S. The company remains a powerhouse in AI, with its stock having surged 225% over the past 12 months.

FUTURE OUTLOOK:

DISCLAIMER:

*NOT A FINANCIAL ADVICE, PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE BUYING/SELLING ANY STOCK*