Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)

Summary

• Nvidia has reported Q4 revenue of $39.3bn,a78$130.5bn, a 114% increase on the previous year.
• The company achieved Q4 revenue of $35.6bn from its data centre business, up 16% quarter on quarter and 93% year on year.
• The company is seeing strong demand for its reasoning AI product, Blackwell, with billions of dollars’ worth of sales in its first quarter, said founder and CEO Jensen Huang.
• Nvidia also announced that it will serve as a key partner in the $500bn Stargate Project and revealed that major cloud providers are bringing Nvidia GB200 systems to cloud regions around the globe.
• The company also unveiled Nvidia AI Blueprints and the Llama Nemotron family of open models for RTX AI PCs to help developers create AI agents and creative workflows.

By Dean Takahashi

Original Article