Nvidia (NASDAQ: NVDA) just reported record-breaking earnings, delivering $68.13 billion in Q4 revenue — up 73% year-over-year — driven by $62.3 billion in Data Center revenue.
Key points from Nvidia’s earnings and outlook:
• Q4 revenue: $68.13B (record)
• Data Center revenue: $62.3B
• Q1 revenue guidance: ~$78B
• Stock up 46% over the past year
• Rosenblatt raises price target to $300
• Analyst Gene Munster warns ~70% of revenue may come from just 8 companies
Nvidia’s hyperscaler customers account for more than half of Data Center revenue, raising questions about long-term revenue concentration risk.
At time of recording, NVDA is trading around $186 at the time of recording.
