NVIDIA's announcement of better-than-expected earnings for Q4 2019 caused the stock to rise 8% in after hours trading. NVIDIA reported Q4 2019 revenue of $2.21 billion, down 24% from $2.91 billion a year earlier, and down 31% from $3.18 billion in the previous quarter. Analysts expected $2.20 billion in Q4 2019. NVIDIA reported record full-year revenue of $11.72 billion, up 21 percent from a year ago.

NVIDIA's gaming business generated $954 million in revenue, which was under the $1.21 billion that analysts predicted.