The results for the November-January period blew past the analyst projections that shape investors' perceptions, as has been the case since Nvidia's high-end chips emerged as AI's best building blocks three years ago.
Nvidia's fiscal fourth-quarter surged 73 per cent from the previous year to $US68.1 billion ($A95.7 billion) while its profit almost doubled to roughly $US43 billion ($A60 billion), or $US1.76 ($A2.47) per share.
The Santa Clara, California, company also provided a forecast exceeding analyst projections while its chief executive Jensen Huang reinforced the demand for the company's chips is still "skyrocketing".
That description feeds into Huang's thesis that the AI boom is still in the early stages of a buildout that will reshape society.
If Nvidia hits its revenue target for the February-April period, it will translate into a 77 per cent increase from last year - a sign the company's already phenomenal growth is still accelerating.
Nvidia's stock price rose by more than two per cent in extended trading after the report came out.
The chipmaker has regularly cleared the bar set by analysts in the past three years, often by a wide margin, but that hasn't always been enough to satisfy investors who have become increasingly skeptical about whether AI will live up to all the hype surrounding the technology.
After Nvidia delivered a stellar performance that far exceeded analyst forecasts in its last quarterly report, its stock price still fell by three per cent during the next day's trading.
The AI fervor has escalated again during the past month as the four companies leading the AI charge — Amazon, Microsoft, Google parent Alphabet and Facebook parent Meta Platforms — collectively made commitments to spend about $US650 billion ($A914 billion) in 2026, ramping up their AI computing power.
A significant amount of the money is expected to be earmarked to buy more Nvidia chips required to power their AI factories, just as has been the case for much of the past three years — as Nvidia's annual revenue soared from $US27 billion ($A38 billion) to $US216 billion ($A304 billion).
Analysts expect the chipmaker's revenue to surpass $US330 billion ($A464 billion) during the company's next fiscal year.
"Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth," Huang said.
