On Wednesday, Nvidia announced its financial results for the fourth quarter of fiscal 2024 and for the whole year, which concluded on January 28, 2024. The company reported quarterly earnings of $22.1 billion and per-annum sales of $60.9 billion, marking two new all-time records as demand for its products for artificial intelligence (AI), high-performance computing (HPC), and gaming was unprecedented.
"Accelerated computing and generative AI have hit the tipping point," said Jensen Huang, founder and chief executive of Nvidia. "Demand is surging worldwide across companies, industries and nations."
