Nvidia, the company behind powerful chips that power artificial intelligence (AI), just reported amazing results for its latest quarter (Q4 FY2026). Revenue hit a record $68.1 billion, up 73% from the same time last year, beating what experts expected.
Most of this money—91%, or $62.3 billion—came from its Data Center business. That’s where Nvidia sells special AI chips to big companies like Amazon, Google, Microsoft, and others building huge AI systems. Demand for these chips is so high that supply can’t keep up.
For the full year, Nvidia made $215.9 billion, growing 65%—showing AI is still booming.
The company also shared exciting news: its new Blackwell platform is already bringing in billions, and the upcoming Rubin chips promise even bigger improvements, like cutting AI costs by 10 times.
Despite the strong numbers, Nvidia’s stock price dipped to around $195 (and later lower post-earnings), down from its high of $212. The market had super high hopes, so even great results led to some selling. The stock is moving sideways lately, with possible support around $183 if it drops more.
Nvidia faces risks too, like heavy reliance on data centers and growing competition from companies like AMD. Still, AI growth looks set to continue driving big gains ahead.