It’s well-known that NVIDIA is a cornerstone of the AI boom, but its financial results released on February 26 illustrate exactly how much the company has prospered. NVIDIA saw a 78% year-over-year increase in quarterly revenue, reaching a record $39.3 billion. Quarter-over-quarter, NVIDIA’s revenue grew 12%.

NVDA stock rose after hours as Nvidia's earnings results beat estimates. Blackwell chips brought in $11 billion for Nvidia, who said demand is strong.

Nvidia lost a record $600 billion in market cap over a single day last month after DeepSeek debuted its R1 model.

Nvidia forecast higher first-quarter revenue on Wednesday, signalling continued strong demand for artificial intelligence chips, and said orders for its new Blackwell semiconductors were "amazing."The

The hardest thing about being Nvidia these days is living up to the recent past. Nvidia’s fiscal fourth-quarter report late Wednesday continued the AI titan’s string of impressive results. Blowout spending on generative artificial intelligence continues to drive the company once primarily known for its PC gaming chips.

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