Skip to playerSkip to main content
  • 11 hours ago
Nvidia Smashes Estimates as AI Demand Surges
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA reported adjusted earnings of $1.62 per share on $68.13 billion in revenue for the fourth
00:10quarter, surpassing Wall Street estimates of $1.53 per share and $66.0 billion, according to Benzinga.
00:18Revenue rose 73% year-over-year to a record. The results were driven by data center sales of $62
00:25.3
00:26billion and professional visualization of $1.3 billion. Gaming and AI PC revenue totaled $3.7
00:34billion, while automotive came in at $604 million. Full-year revenue climbed 65% to a record $215.9
00:43billion. CEO Jensen Huang said computing demand is accelerating as enterprise adoption of AI
00:49agents increases. For the first quarter, NVIDIA guided for revenue of $76.44 billion to $79.56
00:57billion, above the street estimate of $71.96 billion. Shares were up by 1.41% at $195.56 by
01:07market close
01:08on Wednesday, according to data from Benzinga Pro. For all things money, visit Benzinga.com.
Comments

Recommended