Soaring by 765, NVIDIA s latest report card announced!

Mondo Education Updated on 2024-02-22

In the early morning of the 21st, Nvidia, which was praised by Goldman Sachs as "the most important ** on the planet", announced its results for the fourth quarter of fiscal year 2024 as of January 28, 2024, which showed that Nvidia's revenue in the fourth fiscal quarter increased by 265% year-on-year, and earnings per share soared by 765% year-on-year, and the company's revenue and profit have hit records for three consecutive quarters.

The results for the fourth quarter of fiscal year 2024 and the performance guidance for the first quarter of fiscal year 2025 both exceeded analysts' expectations, and Nvidia's stock price soared by up to 10% after hours, and if the increase is maintained until the opening, the market value will increase by 160 billion US dollars (about 1.15 trillion yuan).

Nvidia says generative AI has hit a "tipping point." "Accelerated computing and generative AI have reached a tipping point. Demand from companies, industries and countries around the globe is exploding," said Jensen Huang, founder and CEO of NVIDIA, "Our data center platform is driven by increasingly diverse drivers, whether it's data processing, training, and inference needs from large cloud service providers and specialized GPU providers, or from enterprise software and consumer Internet companies." Verticals, led by automotive, financial services, and healthcare, are now in the billions of dollars. ”

Affected by the surge in Nvidia's financial report, Japan's chip-related ** rose sharply, and Tokyo Electron, a Japanese chip manufacturing equipment manufacturer, once rose 379%, which is the biggest boost to the Nikkei. Advantest **488%, SoftBank Group**399%。

Driven by chip stocks, the Nikkei 225 Index **189% at 3898500 points. The Nikkei 225 index rose before midday, briefly breaking through 39,000 points during the session, hitting a record high. Previously, the Nikkei had an all-time intraday high of 3895744 points, the all-time high ** price is 3891587 points, both set on December 29, 1989. Everybody is watching

The banker put down the ** and immediately chased to the customer's home ......

A bank ushered in a new chairman of the "post-70s" Qiqihar Stadium collapse accident, 51 people were held accountable, Zhang Wencai became the executive vice president of the World Bank, and Gome Electric Appliances was forced to enforce 2800 million yuan.

New news in the property market! The six major banks and stock banks are executed quickly!

**: Financial Times client.

Reporter: Han Xuemeng.

Editor: Han Shengjie.

E-mail: fnweb@126com Follow the Financial Times*** for more exclusive news.

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