Nvidia releases fourth quarter results and beats expectations

Nvidia, the artificial intelligence-focused tech giant, released its fourth-quarter results after the market closed on Wednesday, beating analysts' expectations on all fronts.

Outstanding financial results and Q1 outlook

Nvidia $NVDA reported earnings per share (EPS) of $0.89 on revenue of $39.3 billion in the quarter. Wall Street was expecting earnings per share of $0.84 on revenue of $38.2 billion. The company also said it expects first-quarter revenue of $43 billion plus or minus 2%, better than the $42.3 billion expected.

The biggest revenue came from data centers, where Nvidia reported revenue of $35.6 billion, which was better than the expected $34 billion. CEO Jensen Huang said the company was able to successfully ramp up mass production of Blackwell supercomputers, driving billions in revenue in the first quarter.