Nvidia Reports $22.1 Billion Revenue For Q4
The highly anticipated Nvidia earnings report has shown that the California-based tech company earned $22.1 billion in revenue in the fourth quarter. Indeed, analysts had predicted the company to post a 240% increase in revenue from a year prior. Ultimately, the outcome has arrived 7.28% higher than expectations. Wall Street was awaiting the earnings report that took place after the bell on Wednesday. Subsequently, the figures would give the market an idea of where the AI boom is currently, and how far it could last. The company rose to prominence through its connection with language models, and generative AI’s meteoric rise. JUST IN: Nvidia $NVDA reports $22.1 billion in revenue for Q4, 7.28% higher than expectations. — Watcher.Guru (@WatcherGuru) February 21, 2024 Also Read: $5,000 Invested in Nvidia Stocks in 2000 is Worth $2 Million Today Nvidia Q4 Earnings Come in Higher Than Expected Throughout the last year, the technology sector saw a massive increas...