Nvidia Posts $188 B Revenue with 73% Q4 Growth but Trails Caterpillar
Nvidia has achieved eight consecutive quarters of revenue growth, with a 73% year-over-year increase in Q4 2024 driving trailing-12-month revenue to $188 billion versus Intel’s $53 billion. Its shares gained 85% over the past year, lagging Caterpillar’s 185% return amid shifts in AI infrastructure spending.
1. Strong Revenue Momentum
Nvidia reported eight straight quarters of revenue growth, delivering a 73% increase in Q4 2024 and lifting trailing-12-month revenue to $188 billion, dwarfing Intel’s $53 billion over the same period.
2. Share Performance Comparison
Over the past year, Nvidia stock advanced 85%, while Caterpillar surged 185%, fueled by its role in AI infrastructure power generation, underscoring diverse routes to capitalizing on the AI boom.
3. Market Position and Valuation
Nvidia’s GPU leadership and high margins reinforce its dominance in AI compute, but growing competition in data-center infrastructure and elevated multiples may temper future share gains.