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Nvidia's perfect financial report has ignited the optimistic sentiment on Wall Street, as the target prices of major banks on Wall Street are getting higher and higher. The financial report shows that Nvidia's revenue reached a record breaking $22.1 billion in the fourth quarter, a 22% increase from the third quarter and a 265% increase from the same period last year; Adjusted earnings per share were $5.16, a year-on-year increase of 486%, both far exceeding analyst expectations. At the same time, Nvidia's performance guidance also exceeded expectations. The company expects a revenue of $24 billion in the first quarter of fiscal year 2025, with a fluctuation of 2%, stronger than analysts' expectations of $21.8 billion; The GAAP and non GAAP gross profit margins are expected to be 76.3% and 77.0% respectively, with a fluctuation of 50 basis points.
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