Jensen Huang, the CEO of NVIDIA, the world’s largest AI semiconductor company and global market leader, expressed optimism about continued high performance, stating that the demand for computing continues to surge. During a conference call following the release of the company’s fourth-quarter financial results for the fiscal year 2026, Huang highlighted the strong performance of NVIDIA’s main revenue-generating computing business.
Huang emphasized that computing demand is growing exponentially and declared that we have reached a turning point for agent-based AI. He stated, “Computing is now profit in the era of new AI,” asserting that AI is transforming global business operations and that the sale of AI tools has reached a crucial point that generates tangible revenue.
NVIDIA announced that its fourth-quarter revenue (November last year to January this year) rose by 73% compared to the same period last year, reaching $68.13 billion. The net income for the fourth quarter increased by 35% to $43 billion compared to the same period last year. The adjusted earnings per share (EPS) were $1.62, surpassing Wall Street’s expectation of $1.53.
The fourth-quarter revenues exceeded the forecast by market research firm LSEG, reaching the highest quarterly revenue to date. The fiscal year 2026 revenue soared by 65% year-over-year to $215.9 billion, setting an annual record high once again.
Most of the quarterly revenue, specifically $62.3 billion, came from the data center segment. Huang noted, “Grace Blackwell is currently the strongest player in the inference field,” and emphasized that the upcoming product, Vera Rubin, will further expand this dominance.
NVIDIA estimates its revenue for the first quarter of the fiscal year 2027 (February to April this year) to be $78 billion, surpassing Wall Street’s consensus of $72.6 billion, even without including the revenue from Chinese data centers in the forecast, exceeding market expectations.
Huang also announced that their investment contract with OpenAI, the developer of ChatGPT, is in the final stages. Previously, in September, NVIDIA agreed to invest up to $100 billion in OpenAI, but reports of reduced investment have raised concerns about potential rifts in the relationship between the two parties.
Huang emphasized that the investment in OpenAI will proceed, stating, “We continue to partner with OpenAI and are in what we believe to be the final stages of sealing the partnership agreement. We are very pleased to partner with OpenAI, an inherently innovative company that emerges once in a generation, from its early founding stages.”