In 2024, Nvidia’s revenue soared to $130.5 billion, with AI-driven data center sales accounting for nearly 80% of its growth, reflecting a 93% year-over-year increase. Its CUDA software ecosystem further cements its dominance, creating a high barrier to entry for competitors like AMD or Intel.

Nvidia shares surged Thursday after the chipmaker’s quarterly results impressed Wall Street, even as export controls took a bite out of China sales.

Nvidia (NASDAQ: NVDA) shares fell sharply earlier this year as investors worried about how tariffs and export curbs would impact revenue. Nvidia will announce its financial results for the first quarter of fiscal 2026 after the market closes on Wednesday,