In a world where everyone from your grandma to your cat seems to be obsessed with AI, NVIDIA just dropped some jaw-dropping numbers that show they’ve hit the jackpot. On Wednesday, the tech titan out of Santa Clara, California reported a staggering fourth-quarter revenue of $39.3 billion. That’s up 12% from the previous quarter and an almost mind-blowing 78% from a year ago. If you were wondering, that equates to about 89 cents per share, yes, please!

Jensen Huang, Nvidia’s founder and perhaps the most enthusiastic promoter of AI since the dawn of time, was practically giddy as he announced, “Demand for Blackwell is amazing!” According to Huang, their Blackwell chips are like the magic beans of the tech world, allowing AI systems to become smarter than your average corporate strategist on a caffeine binge.

Nvidia’s AI supercomputers are flying off the shelves, and why wouldn’t they when they pulled in around $11 billion from sales of Blackwell architecture alone in just the last quarter? That’s right, the company is reveling in what they’re calling the fastest product ramp in their history, take note, startups looking for success in the Bay Area!

The numbers are coming from all directions; data center sales alone accounted for around $35.6 billion in the fourth quarter, climbing a jaw-dropping 93% from 2022. This sensational growth is not just good for NVIDIA, but it’s also keeping Wall Street’s proverbial dance floor packed, helping the S&P 500 scale new heights, record after record, baby!

But wait, there’s more! Enter the Stargate project, a fancy initiative involving AI infrastructure investing that’s doling out a sweet $500 billion to kickstart the next big thing in AI. Because of course, the richer get richer while the rest of us just smile and wave as they take all the spoils.

With reports of a new competitor in the AI landscape, China’s DeepSeek, also boasting a model that could rival the likes of ChatGPT, NVIDIA is playing it cool. They acknowledged the buzz and spoke highly of DeepSeek’s achievements, but let’s remember the stakes here: losing $595 billion in market cap over a competitor isn’t a great look, even if you bounce back with a market value of over $3 trillion.

So raise those glasses, Bay Area! NVIDIA continues to earn its crown in the tech kingdom, pumping out chips and reaping profits faster than a Silicon Valley startup can say ‘series A round’. And while the rest of us wonder if our student loans are ever going to vaporize, remember that AI isn’t just the future; it’s also a gold mine for those already riding high on the capitalism tide. Cheers!