The company\u2019s revenue reached $39.33 billion, outperforming projections, while its forecast for the first quarter suggests continued momentum, with an estimated $43 billion in revenue. Despite slowing growth compared to last year\u2019s explosive expansion, Nvidia remains confident in its trajectory.<\/p>\n
A key driver of this success is the surging demand for AI processors, particularly the company\u2019s next-generation Blackwell chips. CFO Colette Kress highlighted that Blackwell is experiencing the fastest adoption in Nvidia\u2019s history, with major cloud providers fueling sales. The data center division, which now accounts for 91% of total revenue, saw a staggering 93% annual growth, bringing in $35.6 billion.<\/p>\n
CEO Jensen Huang dismissed concerns about competition from custom AI chips developed by major tech firms, emphasizing that designing a chip is not the same as deploying it at scale. He also noted that emerging AI models with deeper reasoning capabilities could significantly increase demand for Nvidia\u2019s processors, potentially requiring up to 100 times more computing power.<\/p>\n