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Nvidia Posts Record Results, Guides $78 Billion Next Quarter on AI Chip Boom

Heavy AI infrastructure spending by major cloud providers is propelling demand for Nvidia’s data‑center chips.

Overview

  • Nvidia forecast roughly $78 billion in fiscal Q1 revenue, topping Wall Street estimates near $72–73 billion.
  • The company reported full‑year revenue of $215.9 billion and net income of $120 billion, both all‑time highs.
  • Fiscal Q4 revenue reached about $68.1 billion with roughly $43 billion in profit, led by $62.3 billion from the data‑center segment.
  • Management said the outlook excludes potential China sales because U.S. security reviews and licensing delays are holding up approvals.
  • Shares rose in after‑hours trading as CEO Jensen Huang described AI computing demand as growing exponentially and played down bubble concerns.