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The Economic Story

Business

The BIG deal about NVDIA earnings and the onset of the AI economy

2024-02-23

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In this episode, we're going to cover the earnings report that apparently was the most important one for the street - NVIDA.

Yesterday, on Feb 21st, NAVDIA posted its Q4 and Full Fiscal 2024 financial results. The results were mind-boggling.

If anybody had any doubt about the progress on the first chapter of AI, all those doubts were put to rest.

NVDIA showed that demand for its chips, that are powering the AI revolution was not only high, but they pretty much dominated this market. This was proven by the strong revenue growth and the huge profit margin they commanded.

Credits:

Narrated by Sid Barthakur
Music by Alexi Action from Pixabay

Disclaimer:

Please note this is not an investment advice. Your investment philosophy shall be based on your risk profile and financial goals. Please seek investment advice from your own investment advisor. This article/podcast has been produced only with the intension of sharing observations from research.

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