Nvidia shows no sign of slowing down as it rakes in more than $26 billion in a single quarter thanks to data center demand

Nvidia is the darling of Wall Street as it announced its latest quarterly financial results. In short, the company is a money printing machine, beating analyst's estimates. Its reported revenues were even higher than those from its stellar Q3 2024 earnings report.

According to its press release, Nvidia generated $26 billion in revenue over the first quarter of 2024, up 18% from the previous quarter and a massive 262% increase from a year ago. As expected, the big bucks came from its data center business and surging AI demand...