Nvidia beats Wall Street expectations in first earnings after debut of DeepSeek AI
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Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary
Nvidia surpassed investor expectations for the fourth quarter of 2024 with a 78% jump in revenue year over year.
The company reported $39.3bn in revenue, beating analyst projections of $38.25bn. It also reported $0.89 in earnings a share on Wednesday, beating expectations of $0.84.
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