From Nasdaq: 2024-03-31 07:00:00

Nvidia’s stock performance has been exceptional, with investors optimistic about its long-term growth potential. The company’s revenue breakdown in Q4 2024 shows data center and gaming platforms contributed to 96% of total revenue. Nvidia’s data center platform has seen a 409% revenue growth year over year, driving its overall profitability and stock price higher.

The compute and networking segment, which includes most data center components, generated 78% of Nvidia’s revenue and operating income in FY 2024. This indicates the data center platform is more profitable than the graphics segment. Nvidia’s profits are outpacing revenue growth, a formula expected to continue with a projected 234% revenue growth and 396% EPS increase in the upcoming quarter.

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