Nvidia reported its fourth-quarter earnings on Thursday, beating Wall Street expectations
The company’s revenue rose 73% year-over-year and 20% quarter-over-quarter to $68.1 billion, beating analysts’ estimates by 3.4%.
Despite concerns that the AI industry is “overhyped,” Huang said that “demand for Nvidia’s chips is still explosive.” He also said that the company is developing “a number of new chips that the world has never seen before,” raising investor expectations.
Following the report, Wall Street analysts raised their 2026 stock price forecasts for Nvidia, reflecting renewed confidence in the long-term growth of the AI-based business.
