Nvidia CEO Jensen Huang weighed in on a conflict between the Defense Department and its strategic partner on Thursday, saying it's “not the end of the world.”

Chip giant Nvidia reported its fourth quarter revenue jumped by 73% compared to the same period a year ago to $68.1bn (£50.2bn) - a record haul for the company. The revenue figures beat analyst expectations and come amid a wave of investor scepticism towards the massive amounts of capital being spent on artificial intelligence (AI) technology.

Big Tech is pouring nearly $700 billion into AI infrastructure, much of it flowing through Nvidia. That concentration creates a unique kind of power and a new kind of risk.

Nvidia is returning to consumer PCs through new partnerships with Intel and MediaTek, aiming to power AI-enabled laptops that rival Apple’s efficiency.

Nvidia wants to be in your next laptop, not just your data center.

Chipmaker Nvidia forecast first-quarter revenue above market estimates on Wednesday, betting on Big Tech's unabated spending on its artificial intelligence processors amid widespread scrutiny of massive AI investments.

Nvidia shares weren't moving much in extended trading. But make no mistake, the chipmaker's earnings report was impressive.