Despite supply chain constraints, Nvidia reported Q4 revenue of $22.10 billion, beating estimates of $20.62 billion. Adjusted Q4 earnings were $5.16 a share, compared to estimates of $4.64 a share. The company expects its Q1 adjusted gross margin to be 77%, above the average analyst forecast of 75.6%. However, questions remain about how long Nvidia can sustain this growth rate. The company also revealed it had received requests from antitrust regulators in France, the EU, UK, and China regarding its sale of GPUs and supply allocation efforts.
Key takeaways:
- Nvidia forecast a threefold surge in quarterly revenue, beating estimates due to high demand for its AI chips, leading to a 10% increase in its shares after-hours.
- The company's market capitalization increased by over $129 billion, contributing to a combined $160 billion increase in stock market value for AI-related companies.
- Nvidia reported fourth-quarter revenue of $22.10 billion, surpassing estimates of $20.62 billion, and expects its first-quarter adjusted gross margin to be 77%.
- Despite high demand, Nvidia's supply chains have struggled to keep up, and the company has received requests from antitrust regulators in France, the EU, UK, and China regarding its sale of GPUs and supply allocation.