NVDA Q4 Earnings: Nvidia reported fourth-quarter revenue of $22.1 billion, which beat the consensus estimate of $20.62 billion. The company reported quarterly earnings of $5.16 per share, which beat estimates of $4.64 per share.

Nvidia guided for fiscal first-quarter revenue of approximately $24 billion, plus or minus 2%, versus estimates of $22.16 billion.

“Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries, and nations,” said Jensen Huang, founder and CEO of Nvidia.

On the conference call, the Nvidia CEO said he believes every software enterprise company that is deploying software will run on Nvidia AI enterprise software in the future.

Check This Out: Jensen Huang Predicts Every Enterprise On The Planet Will Eventually Run On Nvidia's ‘Operating System For AI'

SMCI Price Action: Super Micro shares were up 11.5% at $818.50 at the time of publication, according to Benzinga Pro.

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