Nvidia Reports Record $68B Revenue as Global Value Hits $4.8T Now

Nvidia reported record quarterly revenue of $68.13B and a $120B annual profit as demand for AI infrastructure from Meta and Microsoft continues to grow.CEO Jensen Huang highlighted the rise of agentic AI and downplayed labor concerns while the company's market capitalization reached a world-leading $4.8T.Despite export restrictions in China and competition from AMD, the chipmaker projected next-quarter sales of $78B following a revised $30B investment in OpenAI.