Nvidia has concluded the fourth quarter of its 2024 fiscal year with record-high revenues, surpassing analyst expectations. This achievement is partly attributed to a 1,345% increase in revenue from compute and networking, including AI systems and HPC, totaling more than $47 billion. Nvidia's market capitalization surged by $400 billion in just seven trading days, closing with a $2 trillion valuation, thereby becoming the third most valuable company globally. The company's stock performance has significantly contributed to the S&P 500's year-to-date gain, with Nvidia accounting for 26.3% of this increase, adding 92 index points. This growth reflects Nvidia's dominance in the GPU and AI accelerator market, driving its quarterly revenue growth and gross margin expansion. The company's success has sparked a broader tech rally, pushing US stocks, including the S&P 500 and Nasdaq Composite, to record highs. Nvidia's performance is highlighted within the context of a broader interest in AI, with the sector anticipated to generate substantial returns.