Nvidia rolls back 2 hot-button topics in a slimmer — and more China-focused — annual report

Core Insights - Nvidia's annual report for this year is significantly leaner, omitting key sections on climate change and diversity compared to last year's report [1][2] - The company reported strong fiscal year 2026 earnings, with revenue of $68.1 billion, a 73% year-over-year increase, and profits of approximately $43 billion, up 94% from the previous year [7] Sustainability and Governance - The 2025 section on "sustainability and governance," which previously included commitments to clean energy and emissions, is absent in this year's report [1] - Sustainability is mentioned only in the context of business sustainability and compliance with related laws [1] Human Capital and Diversity - The human capital section has been significantly reduced, with previous subheadings on compensation, benefits, and diversity omitted this year [2] - Diversity is mentioned only in a single line regarding employee feedback systems, with no detailed discussion on diversity initiatives [3][4] China Market Focus - The report highlights the impact of U.S. government chip export restrictions on China, stating that Nvidia cannot deliver competitive products to the Chinese data center market [5] - The company acknowledges that this situation allows competitors to build larger customer bases globally, which could adversely affect Nvidia's business [6] Financial Performance - Nvidia's fiscal year 2026 earnings exceeded expectations, driven by strong demand for AI data center products, resulting in a notable increase in both revenue and profits [7]