Nvidia Beats Back Bubble Fears With Record $68 Billion Sales in Fourth Quarter

Core Insights - The chip maker reported a net income of $43 billion, reflecting a 35% increase year-over-year, driven by the growing demand from the AI industry [1] Financial Performance - The net income of $43 billion indicates significant financial growth, showcasing the company's strong position in the market [1] - The 35% year-over-year increase highlights the robust expansion and profitability linked to the AI sector's increasing appetite for chips [1]