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Nvidia reported record annual revenue of $215.9 billion.

  • Feb 26
  • 1 min read

Nvidia reported record annual revenue of $215.9 billion.


• Revenue for the final quarter of its financial year increased 73% compared with the same period a year earlier.


• Nvidia’s CEO Jensen Huang said computing demand is rising rapidly and companies are increasing investment in AI computing.


• Nvidia supplies chips to major AI developers including OpenAI and Meta.


• Nvidia is the world’s most valuable publicly traded company, with a market valuation of about $4.8 trillion.


• Investors have expressed concerns about Nvidia’s complex network of business deals.


• Some critics have raised concerns about the possibility of “circular financing” involving Nvidia’s investments.


• Nvidia has been affected by geopolitical tensions involving the US and China.


• Nvidia’s latest financial outlook did not include revenue expectations for China.


• The US began allowing Nvidia to sell its H200 chips to China under certain conditions.


• A US Commerce Department official stated that no H200 chips have yet been sold to Chinese customers.


• Nvidia recently introduced new technologies aimed at increasing demand for its products.


• At CES in Las Vegas, Nvidia announced “Alpamayo,” an open‑source AI model for self‑driving cars.


• Nvidia said it intends to launch a robotaxi service next year with an unnamed partner.


• Nvidia acquired Groq for $20 billion during the fourth quarter to expand its inference‑related capabilities.

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