"Nvidia Shatters Expectations with Record Revenue and AI Business Boom"

Nvidia reported strong fourth quarter earnings, surpassing analysts' expectations with adjusted EPS of $5.16 on revenue of $22.1 billion and a full-year revenue of $27 billion. The company also provided a positive outlook for the first quarter, anticipating revenue of $24 billion. However, Nvidia's CFO noted a significant decline in data center revenue from China due to US licensing requirements. Despite its strong performance, Nvidia faces challenges from competitors like AMD and Intel, as well as from customers developing their own AI chips, prompting Nvidia to explore building custom chips for major tech firms.