Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) delivered another blockbuster quarter on Wednesday, blowing past Wall Street expectations as demand for artificial intelligence (AI) chips continues to soar.
The chipmaker reported fourth-quarter revenue of $68.13 billion, topping analyst estimates of $65.91 billion and marking a 73% increase from a year earlier.
Adjusted earnings per share came in at $1.62, above the $1.50 expected, representing an 82% year-over-year gain and Nvidia’s 16th beat in the past 17 quarters.
The company’s data center segment, a key driver of growth, generated $62.3 billion in revenue, handily exceeding the $60.36 billion forecast and up 75% from a year ago.
Nvidia, once a $5 billion quarterly revenue company three years ago, now sees its AI-focused chips dominating enterprise computing.
Looking ahead, Nvidia expects first-quarter revenue of around $78 billion, well above the $72.78 billion analysts anticipated, with adjusted gross margins near 75% and operating expenses of about $7.5 billion. The guidance assumes no revenue from China’s data center market.
Nvidia returned $41.1 billion to shareholders over fiscal 2026 and has $58.5 billion remaining in its buyback program.
The company highlighted the surge in AI adoption. “Computing demand is growing exponentially — the agentic AI inflection point has arrived,” Nvidia said. The company also noted that its Grace Blackwell chips with NVLink are currently the leading solution for AI inference, with its upcoming Vera Rubin platform expected to further extend its performance lead.
Shares rose 3.8% in after-hours trading following the earnings release.