Zaid

Does all this make you less worried about an AI bubble?

Do you think that AI agents will replace a ton of jobs and lead to a big rise in unemployment?

Drop your thoughts in the comments on Spotify and YouTube.

And while you're at it, if you have an extra five seconds, consider giving us a five-star rating.

Welcome back to The Rundown for another weekend deep dive.

Today, we are talking about the most important stock in the world right now, NVIDIA.

NVIDIA just dropped their latest earnings report this week, and once again, the numbers blew expectations out of the water, yet the stock still dropped.

So in today's deep dive, we'll take a closer look at Nvidia's earnings and why some are concerned about the company moving forward.

We'll also take a look at the bull case and why some investors think that Nvidia is actually undervalued right now.

We got a great one for you today.

Let's dive in.

All right, let's take a closer look at Nvidia's earnings because honestly, the numbers are absurd.

For the fourth quarter, Nvidia reported $68.1 billion in revenue.

That's up 73% from the same quarter last year.

Net income came in at $43 billion, which is a 94% jump year over year.

The majority of the growth is coming from the data center business, which includes their AI chips.

Data center revenue was $62.3 billion, growing 75% year over year, and now accounts for over 91% of the company's total revenue.

You know, it wasn't that long ago that Nvidia was a gaming company, but their gaming division only brought in $3.7 billion in Q4.

These days, Nvidia is a full-on AI chips company.

You know, I was listening to the earnings call and on that call, Nvidia said that their data center business has increased by 13 times since the launch of ChatGPT.