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🗣 AI boom drives NVIDIA past $200B in yearly revenue
Fueled by the global AI boom, NVIDIA delivered record annual revenue of $215.9 billion (+65%) and quarterly revenue of $68.1 billion.
The data center segment alone generated $193.7 billion during the year.
NVIDIA also returned $41 billion to investors through buybacks and dividends.
According to CEO Jensen Huang, exponential growth in computing demand signals a new phase of AI development.