Overview
- Nvidia posted fiscal Q4 FY2026 revenue up 73% year over year with an EPS beat and guided to roughly $78 billion in fiscal Q1 FY2027 with non‑GAAP gross margin near 75%.
- The data‑center unit remains the growth engine with about $68 billion in Q4 revenue, while networking revenue rose to roughly $11 billion, underscoring Nvidia’s AI infrastructure lead.
- Shares fell after the blowout report despite a roughly 60% one‑year gain, as some commentary floated speculative multi‑trillion valuation paths that assume sustained hyper‑growth.
- Analysts highlight near‑term risks including proposed U.S. export limits on advanced chips, unpredictable China sales, uncertain hyperscaler capex timing, and debates over cash deployment.
- WSJ reported Nvidia will invest $2 billion in Lumentum and Coherent to secure advanced optics capacity, and firms such as Tigress and Baird lifted price targets as investors look to GTC for product and supply updates.