Nvidia(US:NVDA) Feng Huang Wang·2026-02-26 02:28Core Insights - Nvidia reported record revenue of $68.127 billion for Q4 2026, a 73% increase from $39.331 billion year-over-year, with a net profit of $42.96 billion, up 94% from $22.091 billion [1] - For the full fiscal year 2026, Nvidia achieved a record revenue of $215.938 billion, marking the first time annual revenue surpassed $200 billion [1] - The company did not include revenue from data centers in China in its performance outlook [1] Group 1 - Nvidia has sufficient inventory to meet demand for the upcoming quarters [2] - In February 2026, the U.S. government granted Nvidia a license to ship H200 products in small quantities to specific customers in China, but no revenue has been generated from this license so far [2] - Nvidia sold approximately $60 million worth of H20 chips in China [2] Group 2 - Nvidia's CFO stated that there is no bubble in the AI market, as customer investments are yielding substantial returns, leading to increased investment [3] - The CFO noted that competitors in China are making progress and mentioned companies that have strengthened due to recent IPOs, which could disrupt the global AI landscape and impact Nvidia's competitive position [3] - The first samples of Vera Rubin for testing have been delivered to customers [3] Group 3 - Nvidia's CEO indicated that the company is close to finalizing an investment agreement with OpenAI [4] - The CEO mentioned that the cost-effectiveness of space data centers is currently not ideal, but this situation is expected to improve over time [5] - Following the earnings report, Nvidia's stock price rose by less than 1% in after-hours trading [5]