In its fourth fiscal quarter ending last month, Nvidia reported $39.3 billion in revenue, $0.89 adjusted earnings per share and $22.1 billion of net income, equating to year-over-year revenue growth of 78% and profit growth of 71%.

Nvidia forecast first-quarter revenue above market estimates on Wednesday, expecting robust demand for its leading AI chips to persist as businesses spend heavily to expand generative artificial intelligence infrastructure.

Nvidia reported its fourth-quarter results after Wednesday's closing bell. Investors and analysts have focused on early sales of the company's new Blackwell line.

Nvidia shares fell Thursday morning, as a somewhat muted post-results session kicked off. The AI chip maker's stock is popular with individual investors and often swings wildly following earnings. But

Nvidia, the chipmaker that fueled 22% of the S&P 500’s total returns in 2024 with a 171.25% stock surge, continues to ride the AI wave into 2025.