Nvidia Hits $68B Record as AI Data Centers Ignite Stock Surge

Nvidia Corp. unleashed its fiscal fourth-quarter results on February 25, 2026, shattering expectations with revenue of $68.1 billion for the period ended January 25, up 20% from the prior quarter and 73% year-over-year[1][2]. The data center segment, the company's powerhouse, delivered a record $62.3 billion, surging 22% sequentially and 75% annually, driven by demand for GPUs and networking tech like NVLink[1]. Compute products accounted for $51 billion of that, with $11 billion from networking, as hyperscalers and AI developers raced to build infrastructure for generative AI workloads[2]. Full-year fiscal 2026 revenue climbed 65% to $215.9 billion, with data centers contributing $193.7 billion, a 68% increase[1]. CEO Jensen Huang credited 'exponential demand for AI workloads,' noting that even legacy cloud GPUs are fully booked[2]. CFO Colette Kress emphasized no data center revenue from China due to U.S. export restrictions, despite limited approvals[1][2]. Automotive revenue hit $604 million, up 6% year-over-year from self-driving platform adoption[1]. Wall Street cheered the earnings, sending Nvidia shares up 8% in after-hours trading, building on prior gains from third-quarter results where data center revenue reached $51.2 billion[3]. The prior quarter's total revenue was $57 billion, beating estimates, with non-GAAP diluted EPS at $1.30[3]. Nvidia guided Q1 fiscal 2027 revenue to $78 billion, plus or minus 2%, signaling sustained momentum without China contributions[1]. Huang spotlighted Blackwell platform momentum, CUDA software ecosystem, and partnerships with OpenAI and other AI leaders as key growth engines[2][3]. Discussions with major developers continue, though no future deals are assured[2]. Analysts point to Nvidia's dominance in AI infrastructure, with non-GAAP gross margins at 73.6% in Q3 and operating income soaring[3]. The results affirm Nvidia's pivot from gaming roots to AI kingpin, powering a multi-trillion-dollar market shift.