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Nvidia (NVDA - Get Report)  shares surged in after-hours trading on Thursday after the chipmaker beat recently lowered expectations for its fourth quarter. 

Non-GAAP EPS of $0.80 topped a $0.77 consensus, while revenue of $2.21 billion was roughly in line with guidance. Nvidia gave revenue guidance for the current quarter of $2.2 billion, plus or minus 2%, slightly below a $2.32 billion consensus estimate. Nvidia shares were up almost 9% to $168.31 in after-hours trading. 

In late January, Nvidia warned investors that quarterly revenue would fall well short of forecasts ($2.2 billion versus earlier guidance of $2.7 billion). The company blamed softer-than-expected demand for its gaming and datacenter products, and weakened demand from China.

TheStreet's tech columnist, Eric Jhonsa, is analyzing the company's earnings, and its call with analysts scheduled for 5:30 p.m. ET. 

Check out Eric Jhonsa's new tech blog, Tech Check, on Real Money, our premium site for active investors.