Artificial intelligence chipmaker Nvidia on Wednesday announced another quarter of astounding quarterly growth as investors try to decipher whether technology’s latest craze is overblown hyperbole or a springboard into a new era of prosperity and productivity.

Chip giant Nvidia reported its fourth quarter revenue jumped by 73% compared to the same period a year ago to $68.1bn (£50.2bn) - a record haul for the company. The revenue figures beat analyst expectations and come amid a wave of investor scepticism towards the massive amounts of capital being spent on artificial intelligence (AI) technology.

Nvidia shares weren't moving much in extended trading. But make no mistake, the chipmaker's earnings report was impressive.

Nvidia on Wednesday delivered a revenue projection that exceeded expectations, and CEO Jensen Huang declared that "the agentic AI inflection point has arrived," providing more fuel for AI bulls. Why it matters: Debate is swirling over the sustainability of the booming AI economy — and Nvidia is positioned squarely at the center of it.

Nvidia Corporation Q4 earnings smashed estimates as AI/hyperscaler demand boosts margins. Click for this updated look at NVDA following the latest news.

Chipmaker’s quarterly earnings surpassed Wall Street’s expectations every quarter for multiple years now

CNBC got an exclusive first look at Vera Rubin, Nvidia's next AI system that's due to ship in the second half of the year

AI panic has erased more than $1 trillion from tech stocks. This analysis explains why the selloff is accelerating and what Nvidia’s earnings mean for investors.

Nvidia’s chips remain at the center of the artificial-intelligence investment boom, with Wall Street eagerly waiting for the company to post fourth-quarter earnings after Wednesday’s market close. For the quarter,

Nvidia's most advanced chip, the Blackwell, cannot be exported to China under US policy. Read more at straitstimes.com. Read more at straitstimes.com.