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 shares moved higher in early Thursday trading following a solid set of quarterly earnings that both underscored its dominance in the AI investment thesis and raised questions over the impact of ramping production of its top-of-the-line processors.

Nvidia's Q4 beat EPS/revenue, but falling margins and high GPU TCO raise concerns. See here to know why we are bearish on NVDA stock and rate it a sell.

Nvidia beat expectations on quarterly revenue and earnings Wednesday afternoon as investors watch closely for clues on how the company is weathering the emergence of a powerful new Chinese AI model. Why it matters: Nvidia has become a proxy for the health of the AI economy.