Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

Business

New York CNN  —  Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. The chipmaking giant’s shares dipped just over 1% in after-hours trading Wednesday, immediately after the company released its earnings report for the quarter ended in January and its full 2025 fiscal year. However, shares quickly turned

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