Revision History

After Nvidia reported record Q4 revenue of $68.1 billion — a 73% year-over-year surge — its stock plunged 5.5%, erasing $260 billion in market value in a single day. Wedbush's Dan Ives issued a defiant bullish call, comparing Nvidia's numbers to "Michael Jordan-like" dominance and raising his price target to $300, even as other investors flagged rising capex concentration risks, swelling purchase obligations, and intensifying custom-chip competition as signs of "trouble in paradise."