
What you need to know
- NVIDIA reported its earnings for the 2024 fiscal year earlier this week.
- The company saw massive revenue growth, including a 126% increase in GAAP revenue and a 409% year-over-year growth in its data center segment.
- Following the positive report, NVIDIA stock surged, adding $227 billion in market cap.
- NVIDIA is the third most valuable company in the United States and the fourth most valuable company in the world.