The poster child of Wall Street's artificial intelligence craze reported better-than-expected results amid rising investor uncertainty about the the economics of AI.

Nvidia’s latest generation Blackwell GPU sales are off to a good start. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,

Nvidia continues to solidify its dominance in the artificial intelligence sector, with its latest earnings report showing a 93% surge in data center revenue. The company’s transition to its new Blackwell architecture signals a strategic shift from individual chip sales to fully integrated AI computing systems,

In its earnings release on Wednesday evening, Nvidia said it expects gross profit margins of 70.6% to 71% in the first quarter as it contends with the production ramp-up of its new Blackwell chip.

Nvidia is set to report fourth-quarter earnings on Wednesday, which could have a big impact on the rest of the stock market. It’s no exaggeration to say that Nvidia (Nasdaq:NVDA), to many people, is the most important stock on Wall Street these days.

Nvidia (NVDA) stock rose nearly 4% on Wednesday ahead of the release of the AI chip giant’s hotly anticipated fourth-quarter earnings report after the closing bell. Nvidia holds the record for both the largest one-day increase and decrease in market value,