New Delhi, Feb. 27 -- Nvidia share price rallied over 3% in regular trading on Wednesday, before declining slightly in choppy extended trading, as the tech giant reported its fourth quarter results. Nvidia stock price ended 3.7% higher in regular trading. The stock declined 1.49% in extended trade.

The Santa Clara, California-based Nvidia reported a surge in fourth-quarter profit and sales led by growing demand for its specialized Blackwell chips. For the three months that ended January 26, Nvidia posted revenue of $39.3 billion, up 12% from the previous quarter and 78% from one year ago, beating estimates of $38.04 billion.

The tech giant reported adjusted per-share profit of 89 cents, compared with estimates of 84 cents a share. Net i...