Nvidia posted record $68.1 billion Q4 revenue and $43B net income, driven by data center AI demand, and guided $78B revenue for the current quarter.

Chip giant Nvidia has reported record annual revenue of $215.9bn (£159.1bn), despite a wave of investor scepticism about the massive amounts of money being spent on artificial intelligence (AI) technology. The firm also beat analyst's forecasts as sales for the last three months of its financial year jumped by 73% compared to 12 months earlier.

Artificial intelligence chipmaker Nvidia beat Wall Street’s earnings expectations in posting a knockout quarter, largely attributing that growth to an inflection point with agentic AI adoption among enterprises, though more than a third of Nvidia’s revenue during fiscal 2026 came from just two customers.

Nvidia unveils Vera Rubin, a next-gen AI system promising 10x performance per watt, modular design, and liquid cooling to power future data centers.

"Don't take today as a referendum on anything," CNBC's Jim Cramer said after Nvidia's stock sold off on earnings.

Feb 26 (Reuters) - A global shortage of gaming chips could last until the end of this year, an Nvidia executive has said, signaling more pain for the video game industry that is already buckling under weak sales due to slowing consumer demand.

Record sales and booming cash flow come as worries have shifted to AI’s destabilizing impact.

Nvidia generated a staggering $120 billion in profits last year. But not even the world's most valuable company is immune to the "AI scare trade."