Hello, and welcome to SoundHound fourth quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session.

At this time, I would like to welcome everyone to the SkyWater Technology fourth quarter 2024 financial results conference call. All lines have been placed on mute to prevent any background noise. After the speakers remarks,

In its fourth fiscal quarter ending last month, Nvidia reported $39.3 billion in revenue, $0.89 adjusted earnings per share and $22.1 billion of net income, equating to year-over-year revenue growth of 78% and profit growth of 71%.

As a reminder, Nvidia usually posts its release at around 20 past the hour. Just under five minutes to go! Before we launch into the details of the announcement, it’s worth taking a step back and considering just how far Nvidia has come in such a short period.

Nvidia faces more competition in inference compute.

Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think “about how best to answer” questions step by step.

Jensen Huang, Nvidia CEO, joins CNBC's Jon Fortt for a special report following Nvidia's quarterly report. Federal Workers Who Ignore Musk Risk Their Jobs, Trump Warns Changes in Social Security for people over 65 to take into account Hundreds of Thousands in Georgia,