Nvidia (NASDAQ: NVDA) did it again. For the third straight quarterly period, the company blew past management's own revenue guidance by more than $2 billion. The technology company is the clear leader in advancing the many uses of artificial intelligence (AI).

For Nvidia's fiscal 2024 fourth quarter ended Jan. 28, the company reported sales of $22.1 billion. That's an increase of 265% versus the year ago period, and well above the prior guidance of $20 billion.

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Source Fool.com