Investors were eyeing the firm for signs of slowing demand after revelation high-end chips not necessary, but found few

Nvidia surpassed investor expectations for the fourth quarter of 2024 with a 78% jump in revenue year over year.

The company reported $39.3bn in revenue, beating analyst projections of $38.25bn. It also reported $0.89 in earnings a share on Wednesday, beating expectations of $0.84.