In its fourth fiscal quarter ending last month, Nvidia reported $39.3 billion in revenue, $0.89 adjusted earnings per share and $22.1 billion of net income, equating to year-over-year revenue growth of 78% and profit growth of 71%.

As a reminder, Nvidia usually posts its release at around 20 past the hour. Just under five minutes to go! Before we launch into the details of the announcement, it’s worth taking a step back and considering just how far Nvidia has come in such a short period.

Wall Street once again fixated on an earnings report from Nvidia, the main player in the artificial intelligence mania. The chipmaker reported earnings after the bell Wednesday that topped analyst forecasts,

NVDA stock rose after hours as Nvidia's earnings results beat estimates. Blackwell chips brought in $11 billion for Nvidia, who said demand is strong.

Nvidia forecast higher first-quarter revenue on Wednesday, signaling continued strong demand for artificial intelligence chips, and said orders for its new Blackwell semiconductors were “amazing.” The company’s forecast helps allay doubts around a slowdown in spending on its hardware that emerged last month,

Sales of the firm's chips hit more than $39bn (£30.7bn) over the three months ended 27 January, up 74% year-on-year. Nvidia has seen a surge of demand, as big tech companies turn to the firm for chips that can handle the large amounts of data used to train AI models.