Overview
- Nvidia reported $68 billion in fiscal Q4 revenue and guided to about $78 billion for the current quarter, a forecast that excludes assumed China sales and points to gross margins near 75%.
- Shares declined in the sessions after the report despite the beats, reflecting worries about valuation and whether hyperscalers can sustain AI infrastructure spending.
- Morgan Stanley reinstated Nvidia as its top semiconductor pick with a $260 price target, while the Street’s average 12‑month target is roughly $271.
- UBS highlighted customer commitments extending into 2027 and said Nvidia’s inventory obligations could support quarterly revenue approaching $100 billion in coming periods.
- Billionaire Leo KoGuan disclosed buying 1 million Nvidia shares and said he plans to purchase more, underscoring diverging high‑profile views as investors await GTC updates.