Nvidia fails to impress investors with blockbuster results, as AI adoption ‘skyrockets’ – business live

2026-02-26 - 07:43

Rolling coverage of the latest economic and financial news Ipek Ozkardeskaya, senior analyst at Swissquote, says Nvidia announced “another spectacular set of results” last night: The company posted $68.1bn in revenue, 73% higher than the same period last year, with 90% of that coming from its data-center division. Net income almost doubled, and gross margin improved to 75% — all significantly better than analysts had expected. “Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth.” The initially positive reaction faded as the company’s conference call offered limited detail on the revenue outlook, leaving the chipmaker’s shares little changed by the end of extended trading. So perhaps a sign of investors’ increased anxiety over AI valuations. Continue reading...