AI spending remains strong! NVIDIA's Q4 revenue slows but still hits a record high, Blackwell generates $11 billion, Q1 guidance exceeds expectations | Earnings Report Insights

NVIDIA's fourth-quarter revenue grew by 78%, with data center revenue increasing by 93%, both being the lowest growth rates in nearly two years but stronger than analysts' expectations; the first-quarter revenue guidance further slows down, with a maximum growth of nearly 69%, while analysts expect growth to be less than 63%, close to the lower end of the guidance, with a gross margin guidance of up to 72.5%, slightly below analysts' expectations; gaming business revenue unexpectedly decreased by 11% year-on-year, which NVIDIA attributed to limited chip supply. Jensen Huang stated that sales of the Blackwell chips in the first quarter have reached several billion dollars. The stock price initially fell over 2% in after-hours trading, briefly turning up over 3% before falling again