Nvidia's Data Center sales have surged by over 400% to $18.4 billion in the fourth quarter.

• The H100 graphics cards used by generative AI apps such as OpenAI's ChatGPT are closely monitored by investors in Nvidia's Data Center business.
• Nvidia's data center unit has profited from the AI endeavors of tech titans such as Alphabet and Meta, as well as startups like OpenAI and Anthropic, making it the market leader for supplying computer chips used for AI research and products.

The computer chip giant's Data Center business recorded $18.4 billion in sales during the fourth quarter, highlighting the positive impact of the current AI boom on its profits.

Nvidia's data center unit experienced a 409% increase in sales from the previous year, exceeding analysts' expectations of $17.06 billion in sales for the fiscal fourth quarter.

The H100 graphics cards used by generative AI apps such as OpenAI's ChatGPT are closely monitored by investors in Nvidia's Data Center business.

Large language models have been released by tech giants such as and high-profile startups including Anthropic and Cohere since OpenAI debuted ChatGPT in November 2022, requiring enormous amounts of computing power.

Mark Zuckerberg, CEO of Meta, announced in January that the company's computing infrastructure will consist of 350,000 H100 graphics cards by the end of 2024, indicating that Meta is investing billions of dollars in Nvidia's popular computer chips as part of its AI initiatives.

Nvidia's data center business has flourished, especially in the last three quarters. It currently leads the market in providing AI research and product chips.

Since the end of Nvidia's fiscal third quarter 2023, which was about a month before OpenAI released ChatGPT, we have examined the company's data center unit sales.

• In Q3 of 2024, the data center revenue was $14.51 billion, representing a 279% increase from the previous year.
• In Q2 of 2024, the data center revenue was $10.32 billion, representing a 171% increase from the previous year.
• In Q1 of 2024, the data center revenue was $4.28 billion, representing a 14% increase from the previous year.
• In Q4 of 2023, the data center revenue reached $3.62 billion, representing a 11% increase from the previous year.
• In Q3 of 2023, the data center revenue reached $3.83 billion, representing a 31% increase from the previous year.

Watch: Nvidia's well-positioned to sell into a supply constrained market