Nvidia has concluded the fourth quarter of its 2024 fiscal year with record-high revenues, significantly beating analyst expectations. This surge is attributed to its compute and networking segment, which encompasses AI systems and HPC, witnessing a 1,345% increase over four years, totaling more than $47 billion in the 2024 fiscal year. The company's market capitalization has seen a remarkable $400 billion increase in just the past seven trading days, making it the third most valuable company globally, surpassing Aramco. Nvidia's performance has been a key driver in the stock market, reaching record highs, with a notable 66% total return in 2024, leading the semiconductor space and contributing significantly to the S&P 500's year-to-date gain. This success is largely due to Nvidia's dominance in GPUs and AI accelerators, marking a pivotal shift in the company's valuation and its role in the AI-driven market. Nvidia's PE ratio stands at 33.4x, and it has achieved a +180% return since the end of 2021.