February 25, 2026 05:53 PM EST
CEO Huang Talks Up Partnerships
FROM 9 minutes ago
CEO Jensen Huang touted the company’s many AI partners across different industries, from electric vehicle maker Tesla to robot maker Boston Dynamics and Korea’s LG Electronics to social media giant Meta.
“Whether it’s in AI for language or physical AI, or AI physics, or biology, or robotics, or manufacturing—we want all of these ecosystems to be built on top of Nvidia,” Huang said during the conference call.
The CEO also highlighted Nvidia’s ongoing relationship with OpenAI, calling it a “once-in-a-generation company” that it’s partnered with since its first days. Huang said Nvidia is still working toward ironing out a partnership agreement with the startup. “We believe we are close,” he said.
February 25, 2026 05:45 PM EST
Shares Give Up Initial Post-Release Gains
FROM 18 minutes ago
Nvidia shares pared some after-hours gains as CFO Colette Kress offered updates on inventory, sales to China, and the growth of sovereign and physical AI.
In a post to X, Gene Munster, Managing Partner of Deepwater Asset Management, attributed the drop to Kress saying Nvidia had “secured enough inventory to meet Data Center demand for the next several quarters.”
“Ironically,” wrote Munster, “operating outside of supply-demand equilibrium is often better for the stock; it allows investors to ‘dream’ of what results would have been without constraints.”
Soaring memory prices—driven by booming demand and a supply shortage—have been a concern for Nvidia investors fearing the impact of higher input costs on the company’s margins.
February 25, 2026 05:40 PM EST
No Revenue Yet from Trump-Approved Sales to China
FROM 22 minutes ago
CFO Colette Kress said during the conference call that while “small amounts” of the company’s H200 chips for Chinese customers were approved by the Trump administration, the company has yet to generate any revenue from them.
“We do not know whether any imports will be allowed into China,” said Kress. The comment marked a shift in tone from last month, when she told investors that the company expected to begin shipping them to China very soon, and that the U.S. government was “working feverishly” to iron out the details of a revenue-sharing deal led by President Trump.
“To sustain its leadership position in AI compute, America must engage every developer and be the platform for choice for every commercial business, including those in China,” she said. “We will continue to engage with the U.S. and China governments and advocate for America’s ability to compete around the world.”
February 25, 2026 05:25 PM EST
Profit Margins Expected to Contract Slightly
FROM 38 minutes ago
Nvidia’s gross margins expanded about 160 basis points from the third quarter to 75% in the fourth quarter, a figure in line with Wall Street estimates and slightly ahead of the company’s guidance. Nvidia expects sequential margins to contract 10 basis points in the current quarter.
Investors are watching Nvidia’s margins closely. A memory shortage has caused the price of those inputs to skyrocket, a potential threat to Nvidia’s robust profit margins.
Investors are also looking to margins for evidence that increased competition from the likes of Broadcom, Alphabet, and Advanced Micro Devices is chipping away at Nvidia’s market dominance.
February 25, 2026 05:16 PM EST
Data Center Revenue Dominated by Big Tech Customers
FROM 46 minutes ago
In commentary released along with the results, CFO Colette Kress revealed roughly half of the company’s data center sales came from its largest hyperscaler customers.
The fact could add fuel to concerns about concentration risks and circular deals between Nvidia and some of its Big Tech clients that have drawn parallels to the dotcom bubble.
While Nvidia doesn’t report the same figure every quarter, a year ago it said that large cloud customers accounted for roughly half its Blackwell sales.
Cloud giants Amazon (AMZN), Microsoft (MSFT), and Google parent Alphabet (GOOGL) are all big buyers of Nvidia’s chips. Last week, AI leader Meta also struck a massive deal with the chipmaker. This week it announced one with rival AMD (AMD) as well.
February 25, 2026 05:13 PM EST
Nvidia’s Network Business is Booming
FROM 49 minutes ago
Nvidia already dominates data centers with its ubiquitous graphics processing units, yet it’s still taking more share.
Nvidia’s networking revenue more than tripled in the fourth quarter to a record $11 billion. Chief financial officer Colette Kress attributed the business’s rapid growth to the “continued ramp of NVLink compute fabric for GB200 and GB300 systems and the growth of Ethernet and InfiniBand platforms.”
Nvidia is leaning into rack-scale solutions like its next-generation Vera Rubin system, which bundles the chip giant’s GPUs, central processing units and networking equipment.
February 25, 2026 05:08 PM EST
CEO Huang Says Customers ‘Racing to Invest in AI’
FROM 54 minutes ago
Nvidia CEO Jensen Huang said demand for compute is “growing exponentially,” in comments released alongside the results, and that “our customers are racing to invest in AI.”
Huang touted the popularity of the company’s strongest chips, calling its Grace Blackwell the “king of inference.”
The company’s next-generation system Vera Rubin “will extend that leadership even further,” he said.
February 25, 2026 05:01 PM EST
Data Center Revenue Was the Driving Force Behind Results
FROM 1 hr 1 min ago
Nvidia’s data center sales soared past analysts’ estimates and contributed the bulk of its revenue gains.
Data center revenue, which accounted for $62.3 billion of the company’s $68.1 billion in total sales, was well above analysts’ forecasts calling for $60.53 billion. The segment grew 75% year-over-year and 22% from Q3.
Gaming revenue at $3.7 billion was up 47% year-over-year but down 13% sequentially. “Channel inventory naturally moderated following a season of strong holiday demand,” the company said in a release.
Professional visualization, at $1.3 billion, more than doubled from a year ago and jumped 74% from the previous quarter.
Automotive revenue edged up 2% from Q3, to $604 million. It rose 6% year-over-year.
February 25, 2026 04:52 PM EST
Nvidia’s Expects Revenue Growth To Accelerate This Quarter
FROM 1 hr 10 min ago
Nvidia issued guidance that also came in well ahead of analysts’ expectations.
The company expects revenue to grow 77% year-over-year to $78 billion, plus or minus 2%, in the current quarter. That’s four percentage points faster than the company’s growth last quarter. Analysts were expecting a revenue forecast of about $72 billion.
Gross margins are expected to contract 10 basis points to 74.9%, plus or minus half a percentage point. That’s in line with expectations, and up from 71.3% in the year-ago quarter.
February 25, 2026 04:41 PM EST
Results Top Projections on Top and Bottom Lines
FROM 1 hr 21 min ago
The AI chipmaker posted adjusted earnings of $1.62 per share for its fiscal 2026 fourth quarter, compared to the $1.53 that analysts were looking for.
Revenue soared 73% year-over-year to a record $68.13 billion. That compared with Street expectations for revenue of $66.2 billion, per analysts’ estimates compiled by Visible Alpha.
Nvidia’s data center sales climbed to a quarterly record of $62.3 billion, up 75% from a year ago, and above the analyst consensus as many of the company’s Big Tech customers continued to double down on AI infrastructure spending.
February 25, 2026 04:16 PM EST
Chip Stocks Gained Ahead of Nvidia’s Report
FROM 1 hr 47 min ago
Semiconductor stocks rose broadly on Wednesday ahead of Nvidia’s earnings print.
The PHLX Semiconductor Index (SOX) rose 1.6% to close at a fresh record just shy of 8,500. The index was led Wednesday by shares of semiconductor manufacturing equipment maker Appleid Materials (AMAT), up 4.5%, and chip testing equipment maker Teradyne (TER), up 4.2%.
Mega-cap chip designers Broadcom (AVGO) and Micron (MU) both gave the index a boost with their 2% gains.
February 25, 2026 03:57 PM EST
A Make or Break Moment for the Stock Market?
FROM 2 hr 5 min ago
Nvidia’s earnings report lands at a precarious time for investors.
There’s been a sharp divergence in the performance of AI stocks this year. A memory shortage has been a tailwind for shares of data storage companies Sandisk (SNDK) and Western Digital (WDC), up 165% and 70% so far this year. On the flip side, software stocks like Intuit (INTU) and Workday (WDAY), both down roughly 40%, have been battered by worries AI deployments threaten to upend the industry.
Nvidia’s earnings report has the potential to be a wrecking ball or rocket fuel for the AI trade. Better-than-expected sales could reinforce Wall Street’s confidence in the AI infrastructure plays that have led the stock market for much of the past few years. Even a negative datapoint for Nvidia—specifically, profit margin pressure from soaring memory costs—could be a boon to stocks like Sandisk and Western Digital, whose margins would be expanding in kind.
If CEO Jensen Huang confirms Blackwell demand is on track with expectations and memory supply remains constrained, “then that’s another tailwind for Micron and the broader memory complex because it keeps the bottleneck narrative centered on memory supply and packaging,” said Shay Boloor, chief market strategist at Futurum Equities.
Strong results could also aggravate the anxiety hanging over industries that appear the most vulnerable to disruption from AI tools. A rosy sales forecast from Nvidia could signal AI demand will top expectations this year, increasing the sense of urgency for software companies threatened by large-scale AI deployments.
Then there’s Nvidia’s impact on the entire stock market. With a $4.8 trillion market capitalization, Nvidia accounts for almost 8% of the S&P 500, more than the consumer staples and utilities sectors combined. A large move in Nvidia’s stock price—as is expected—can completely offset the moves of hundreds of other stocks in the index.
Nvidia’s earnings report is also a major driver of market sentiment. Strong results can reinforce confidence in the Magnificent Seven, which have lagged the broader market so far this year. Underwhelming earnings or a tepid outlook, meanwhile, could raise questions about the trajectory of AI spending, and increase pressure on hyperscalers like Microsoft (MSFT) and Alphabet (GOOG) to show the hundreds of billions they’ve already poured into the technology will pay off soon.
February 25, 2026 03:35 PM EST
There Are Many Ways to Bet on Nvidia Earnings
FROM 2 hr 27 min ago
Some traders stand to win (or lose) big after Nvidia reports its results, even if they don’t own a single share—or, for that matter, if they don’t own any stocks at all.
Prediction markets have created finer slices of bets around high-profile company earnings, enabling folks to profit on a range of outcomes in addition to the direction of stock prices. A trader homing in on Nvidia (NVDA) could, for example, put money on a bet that asks “Will Nvidia beat quarterly earnings?” and walk away with winnings even if the outcome doesn’t move its shares at all.
There are also funkier bets.
One of them: “What will Nvidia say during their next earnings call?” As of Tuesday, bettors had put a higher probability, or 59%, on the chance the word “humanoid” will be uttered than on “tariff” or “Taiwan,” on which the odds were 54% and 49% respectively. These types of event contracts would appear to appeal to retail traders, with lower relative buy-ins, shorter time horizons to make a profit, and the idea that, with research, they can make educated bets.
Prediction market bettors can buy a single contract for pennies, and if they resolve in their favor, win $1. If someone were to buy 100 shares of a contract on the premise that someone on Nvidia’s conference call— CEO Jensen Huang, say, or some other company representative—says “humanoid,” and it happens, they would need to bet $59 to make a $41 net profit.
CFOTO / Future Publishing / Getty Images
The lower the odds, the higher the payoff. If someone says “VR” or “virtual reality,” which the market recently put a 16% probability on, a bettor could buy 100 shares of that contract for $16 and walk away with $84.
To the casual observer, these outcomes may seem random, and the event contracts on them a wild guess. Some bettors, however, have gotten creative in search of an edge.
An enterprising 21-year-old who placed a bet on the length of Charlie Puth’s singing of the national anthem at Super Bowl LX sat in the stadium parking lot with a stopwatch and a recording device to time rehearsals.
That bettors are placing a high probability on the word “humanoid” being uttered in Nvidia’s earnings call could have to do with the instances it has been said in the past in other contexts. An Investopedia scan of the term using transcripts provided by AlphaSense shows that company execs said it at least a couple of times in reference to robotics during company presentations at conferences from late October to early February.
February 25, 2026 03:06 PM EST
How Much Traders Expect Nvidia to Move After Earnings
FROM 2 hr 56 min ago
Traders are anticipating a sizable move in Nvidia shares after the earnings release.
Options pricing suggests traders expect Nvidia (NVDA) shares could move close to 6% in either direction by the end of the week. A move of that size from the stock’s recent level could potentially push it to a new high of around $209, or drag it back down to $185.
The stock has taken a hit in recent months as a series of splashy circular deals with other major tech players and worries about an AI bubble weighed on enthusiasm for some of the biggest names in the AI trade.
While optimism is running high ahead of today’s report, short bets against the stock have also grown, according to data from S3 Partners, underscoring some skepticism about its ability to deliver.
Still, Wall Street analysts are widely bullish the chipmaker’s stock will not only return to its earlier highs, but exceed them in the next 12 months. Twelve of the 13 analysts with current ratings compiled by Visible Alpha recommend buying the stock, compared to one neutral rating. Their mean target around $253 is nearly 30% above current levels.