Nvidia’s $2.21 billion in Q4 revenue helps erase previous stock loss

Nvidia posted earnings that beat Wall Street’s reduced expectations for fourth fiscal quarter earnings for the period ended January 27.

Last month, the maker of graphics and AI chips preannounced that the combination of a slow launch for its new RTX graphics cards and the aftermath of the cryptocurrency bust would hurt its earnings. And today, the company reported financial results that were in line with the reduced expectations for the fourth fiscal quarter ended January 31.