Overview
- Nvidia reported Q4 FY2026 revenue of $68.13 billion, up 73% year over year, and guided to about $78 billion for Q1 FY2027, with data center revenue up 75% and guidance that excludes China compute.
- Product rollout is accelerating after the April 28 launch of Nemotron 3 Nano Omni, an open multimodal model that unifies vision, audio, and language and delivers 9 times the throughput of comparable open omni models.
- Blackwell Ultra graphics processors are now shipping and the Vera Rubin AI platform is next, which Nvidia says will push agent-based AI and large-scale training and inference across its full stack.
- Investors kept buying in April as Nvidia gained about 20% for the month, though some money rotated to higher-beta rival AMD, which climbed more than 70% in the same period according to Benzinga.
- Wall Street remains broadly positive with Bank of America reiterating a Buy and an average target near $267.50, while roughly $51.8 billion in buybacks through September 2025 and unresolved U.S.–China export terms add support and risk.