Innovation
Nvidia Posts $68 Billion Quarter as AI Chip Demand Continues to Accelerate
Nvidia reported fiscal Q4 revenue of $68.1 billion, a 73% year-over-year surge, as hyperscalers collectively committed $650 billion in AI infrastructure spending for 2026. Despite the blowout results, investors remain cautious about whether the AI boom can sustain its breakneck pace.
Key Takeaways
- Nvidia's Q4 revenue hit $68.1 billion, up 73% year-over-year, with profit nearly doubling to $43 billion
- Hyperscalers Amazon, Microsoft, Google, and Meta committed $650 billion in combined AI spending for 2026
- Forward guidance suggests growth is accelerating, with projected 77% increase for the current quarter
- Despite beating estimates, stock retreated in after-hours trading as investors weigh AI sustainability
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DT Editorial AI··via fastcompany.com