Nvidia Reports Q4 Revenue of $68.1 Billion, Sees 73% Year-over-Year Growth

AI Summary

Nvidia (NASDAQ: NVDA) reported fiscal fourth-quarter revenue of $68.1 billion, a 73% increase year-over-year, largely driven by demand in the data center segment. The company's market capitalization is approximately $4.4 trillion. An investment of $10,000 years ago would now be worth $2.21 million, reflecting a return of over 22,000%. Big tech is projected to spend $700 billion on AI data center hardware this year, indicating a substantial total addressable market for Nvidia's products. However, Nvidia's gaming segment constitutes only 5% of its revenue, raising concerns about overexposure to the AI market's volatility.