Nvidia Reports Stellar Quarterly Growth Amid AI Boom

Chipmaker's results exceed analyst expectations as it sees continued AI-driven expansion.

Published on Feb. 26, 2026

Got story updates? Submit your updates here. ›

Nvidia, the artificial intelligence chipmaker, announced another quarter of impressive financial growth, with revenue surging 73% year-over-year to $68.1 billion and profits nearly doubling to $43 billion. The strong results exceeded analyst projections, and the company provided an optimistic forecast, with CEO Jensen Huang suggesting the AI boom is still in its early stages.

Why it matters

Nvidia's performance is seen as a bellwether for the broader AI economy, as its high-end chips are considered essential building blocks for AI systems. The company's continued growth and bullish outlook indicate the AI revolution is gaining momentum, with potentially far-reaching implications for industries and society.

The details

Nvidia's fiscal fourth-quarter results for the November-January period significantly exceeded analyst expectations. Revenue grew 73% year-over-year to $68.1 billion, while profit nearly doubled to $43 billion, or $1.76 per share. The company also provided a forecast that surpassed projections, and CEO Jensen Huang emphasized his view that the AI boom is still in the early stages of a transformative buildout.

  • Nvidia announced its fiscal fourth-quarter results on February 26, 2026.

The players

Nvidia

An artificial intelligence chipmaker and a leading provider of high-end chips used in AI systems.

Jensen Huang

The CEO of Nvidia, who has been a vocal proponent of the AI revolution and its potential to reshape industries and society.

Got photos? Submit your photos here. ›

What they’re saying

“The AI boom is still in the early stages of a buildout that will reshape society.”

— Jensen Huang, CEO (wbal.com)

The takeaway

Nvidia's continued strong performance and bullish outlook on the AI economy suggest the technology is gaining momentum and poised to have a transformative impact across various industries in the years ahead.