Nvidia (NVDA) Revenue Growth Hits 65% at $215 Billion in 2023

Nvidia (NVDA) reported a revenue growth of 65% year-over-year, reaching a record $215 billion in the latest full year. The company's stock has increased by 1,300% over the past five years, reflecting strong market performance. Meanwhile, Broadcom (AVGO) also experienced significant growth, with AI revenue increasing over 100% to $8.4 billion. Industry forecasts suggest that Broadcom's AI chip revenue could exceed $100 billion by 2027, indicating robust demand in the AI sector for both companies.