Ge Long Hui A P P·2026-03-02 07:53Group 1 - Nvidia reported revenue of $68.1 billion for the fourth quarter of fiscal year 2026, exceeding the previous guidance median of $65 billion and market expectations [1] - Non-GAAP gross margin was 75.2%, higher than the previous guidance median of 75% [1] - The standout highlight was the revenue from data center chips, which reached $11 billion, representing an annual increase of over 3.5 times [1] Group 2 - Management provided guidance for the first quarter of fiscal year 2027, projecting revenue of $78 billion (+/- 2%) and a Non-GAAP gross margin of 75% (+/- 50 basis points) [1] - The report suggests that supply chain constraints will have a lesser impact on Nvidia compared to its peers, due to the active expansion by TSMC and memory suppliers, as well as Nvidia's leading position in the industry [1] - Revenue forecasts for fiscal years 2027 and 2028 have been raised to $354.5 billion and $455.7 billion, respectively, with Non-GAAP earnings per share estimates increased to $8.06 and $10.52 [1] Group 3 - The target price for Nvidia has been raised to $260, corresponding to a 28 times forecasted price-to-earnings ratio for fiscal years 2027 and 2028, indicating that the stock price is attractive [1]