Nvidia wows Wall Street with a strong quarter and an eye-popping sales forecast

Nvidia reported fourth-quarter revenue of $18.1 billion, up 94 percent from the prior year, and projected first-quarter revenue of $18 billion to $18.8 billion. CEO Jensen Huang attributed the growth to demand for the company's AI chips and data center products. Nvidia's stock rose 16 percent in after-hours trading following the earnings announcement on January 29, 2025.

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