-4.5 C
Ottawa
Thursday, February 26, 2026

Nvidia Reports Record Sales Citing Strong Data-Center Demand

Date:

A sign is posted in front of Nvidia headquarters in Santa Clara, Calif., in this file photo. Justin Sullivan/Getty ImagesChipmaker Nvidia reported record fiscal fourth-quarter and full-year 2026 sales on Feb. 25 and forecast revenue above market estimates for the first quarter of fiscal 2027, hedging its bets on a surge in tech industry investment in the company’s artificial intelligence (AI) processors.Its shares rose by more than 3 percent following the report in extended trading but later pared the gains. As of 6:30 p.m. ET, the stock was nearly unchanged.

spot_imgspot_imgspot_img

Share post:

More like this
Related

BMW Recalls Nearly 59,000 US Vehicles for Wiring Harness Short-Circuit Risk

The issue could increase the risk of fire. Dealers...

Tech Bosses to Meet at White House, Pledge Their Data Centers Wont Boost Electricity Bills

President Donald Trump announced the Rate Payer Protection Pledge...

Investors Seek Refuge in Asset-Heavy Stocks as AI Jitters Rattle Markets, Analysts Say

Traders work on the floor of the New York...

Medicare Hospital Trust Fund Will Be Insolvent by 2040, Report Says

A man walks through a hospital in Irvine, Calif.,...