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DeepNewz, mobile.
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Nvidia's fourth-quarter results exceeded expectations, showing a 265% revenue increase to $22.1 billion, driven by a 409% jump in its data center business. The stock has surged, with a five-year change of +1,937% and a 223,731% increase since 1999 lows. Analysts continue to favor Nvidia in the semiconductor market due to the growth in artificial intelligence. The company's dominance in the AI market is attributed to three key advantages.
Stat of the day: Nvidia’s $NVDA $47.5 billion in data center revenue this year is 18% more than total data center revenues for the past five years combined – Nvidia generated $40.2 billion in DC revenue between FY18 through FY23. https://t.co/TRgF7mSiwo
$NVDA $AMD ❖ NVIDIA is holding leadership in the $85 billion or more accelerator market, Bank of America analysts said in a note Wednesday. The firm believes Nvidia, which has seen its share price surge over the last 12 months, is leading the charge in data center, while they…
NVIDIA is up +238.99% in the last 1 year #bitcoin is up +171.5% in the last 1 year Challenge accepted!
