Nvidia Reports Record Sales Citing Strong Data-Center Demand

The company also expects $78 billion in sales for the first quarter, exceeding estimates by Wall Street analysts.
Nvidia Reports Record Sales Citing Strong Data-Center Demand
A sign is posted in front of Nvidia headquarters in Santa Clara, Calif., in this file photo. Justin Sullivan/Getty Images
|Updated:
0:00

Chipmaker Nvidia reported record fiscal fourth-quarter and full-year 2026 sales on Feb. 25 and forecast revenue above market estimates for the first quarter of fiscal 2027, hedging its bets on a surge in tech industry investment in the company’s artificial intelligence (AI) processors.

Its shares rose by more than 3 percent following the report in extended trading but later pared the gains. As of 6:30 p.m. ET, the stock was nearly unchanged.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."