Nvidia's Revenue Surges 78% in Q4, Driven by AI Demand

Nvidia's revenue for the last quarter surged 78% year-over-year to $39.3 billion, surpassing analyst expectations. Profit increased from $12.3 billion to $22.1 billion. Data center revenue rose 93% to $35.6 billion, fueled by AI applications. The company forecasts Q1 2025 revenue of approximately $43 billion, exceeding estimates. Nvidia's CFO, Colette Kress, anticipates significant growth in Blackwell AI chip sales. Gross margin for Q4 was reported at 73%. CEO Jensen Huang dismissed concerns about AI DeepSeek impacting Nvidia's chip demand, highlighting the potential for Blackwell chips in AI inference.