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'The world's most valuable chipmaker': How Nvidia saw a 250% surge in revenues amid AI stock rally | Explained News

Nvidiaโ€™s revenues during the fourth quarter of 2023 topped $22 billion, an over 250% surge compared to the previous year. Previously too, analysts at Goldman Sachs pegged it as โ€œthe most important stock on planet Earthโ€, given its hold over 80% of the AI chip market.
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