Jensen Huang of NVIDIA talking
Nvidia CEO Jensen Huang.
  • Nvidia's Q4 earnings smashed Wall Street's high expectations.
  • In a call with analysts, CEO Jensen Huang unpacked Nvidia's chips and software business.
  • Here are three fascinating things we learned. 

When Nvidia reported its earnings on Wednesday, it managed to exceed even Wall Street's high expectations.

The AI chipmaker had better-than-expected revenues of $22.1 billion in the fourth quarter, a 265% year-on-year increase. The company's stock surged almost 15% in premarket trading after posting the blockbuster quarterly sales.