Nvidia Is Still Crushing It (No Surprise There)
NVDA Q4-2024 Earnings Release on 2/26/2025 – (NASDAQ: NVDA) is the world leader in accelerated computing.
Hey folks, Chad here. Let me break down the latest Nvidia news without all the tech jargon fluff.
Nvidia just dropped their Q4 earnings report yesterday, and—shocker—they’re absolutely killing it. Again. The chip giant reported $22.1 billion in revenue for the quarter (that’s up 22% from last quarter and a mind-boggling 265% from last year). Their profits? $12.3 billion. Yeah, with a B.
- Record quarterly revenue of $39.3 billion, up 12% from Q3 and up 78% from a year ago
- Record quarterly Data Center revenue of $35.6 billion, up 16% from Q3 and up 93% from a year ago
- Record full-year revenue of $130.5 billion, up 114%
But here’s the thing that has Wall Street doing backflips: Nvidia is forecasting $24 billion in revenue for the current quarter, which is way above what analysts expected. Their stock jumped 10% after hours, pushing their market cap to about $2.3 trillion. For perspective, that’s more than the entire GDP of Italy.
What’s driving this insane growth? AI, obviously. Everyone from Microsoft to Meta to Google is snatching up Nvidia’s chips like they’re PS5s at launch. Their data center revenue (which is where all those AI chips live) hit $18.4 billion, up 27% from last quarter.
Look, Nvidia isn’t just riding the AI wave—they built the surfboard everyone’s standing on. Their GPUs are the backbone of basically every major AI system out there. CEO Jensen Huang put it plainly: “Accelerated computing and generative AI have hit the tipping point.”
But here’s what small business owners should actually care about: Nvidia is working on making this tech more accessible. They’re launching new AI chip options that won’t require a second mortgage to afford, and they’re investing in software to make their tech easier to use.
Is there any downside to this Nvidia party? Well, their gaming revenue actually dropped 7% from last quarter (to $2.9 billion). And some analysts are nervous about how much of Nvidia’s business relies on a handful of tech giants. If Microsoft or Google suddenly decided to build their own chips or buy from competitors, that could hurt.
Also worth noting: While Nvidia’s chips power the AI revolution, they’re also energy hogs. The electricity needed to run AI data centers is becoming a real concern, and Nvidia will need to address efficiency if they want to maintain their dominance.
Bottom line: Nvidia continues to be the safest bet in the AI gold rush. They’re not the ones panning for gold—they’re selling the picks and shovels to everyone else. And business is booming.
Photo by Fredrick Tendong on Unsplash
