Nvidia announced their revenues on Wednesday
265% increase in 2023 Q4 compared to Q3.
$22.1bn in sales
$12.3bn net income
769% YoY profit growth
$5.16 Earnings per share
o Projected strong growth.
· Many indexes saw rises within a day.
o S&P 500 +1.3%
o Nasdaq 100 +2.1%
o Stoxx 600 +0.8%
o Nikkei 225 +1.9%
· Fears of a potential AI bubble
· Nvidia shares concerns with supply chain constraints.
· Nvidia CEO claimed “AI have hit the tipping point.”