TLDR

  • Nvidia reports quarterly revenue of $68.1 billion, exceeding the $65.9 billion analyst estimate
  • Earnings per share (EPS) of $1.62 beats the consensus forecast of $1.53
  • Data center revenue hits $62.3 billion, surpassing expectations
  • Stock rises 3% in after-hours trading and briefly crosses $200

Nvidia’s shares climbed in after-hours trading following the release of earnings that exceeded Wall Street projections. The stock briefly touched $200 before pulling back as traders locked in gains.

The results arrived as investors closely monitored AI demand trends. Nvidia’s earnings recap shows the stock rose after results blew past Wall Street estimates, easing worries about slowing AI spending.

Revenue and Profit Beat Expectations

Nvidia reported quarterly revenue of $68.13 billion, which exceeded analyst estimates of $65.91 billion. Revenue saw a sharp increase from the same period last year.

Adjusted earnings per share landed at $1.62, topping the $1.53 per share forecast from analysts. The company’s net income also grew, supported by ongoing demand for AI chips.

The data center segment remained the main growth driver, with revenue from the unit reaching $62.3 billion. Analysts had projected $60.36 billion for this segment.

Cloud providers and enterprise customers continued investing in AI infrastructure, while governments expanded AI projects—both factors supporting hardware orders.

Stock Reaction and Market Response

Nvidia shares gained roughly 3% in after-hours trading post-earnings, briefly crossing the $200 mark before retreating to the mid-$190 range.

The pullback came as some investors locked in profits; expectations had been high ahead of the report, and the stock has delivered strong gains over the past two years.

Investors have been cautious due to volatility in AI-related stocks. A recent viral research note outlined a bearish scenario for the AI sector, adding pressure across tech shares.

Michael Landsberg of Landsberg Bennett Private Wealth Management said Nvidia is seen as a bellwether. He told CNBC the company could help “straighten the ship” for markets.

Outlook Signals Continued AI Spending

Nvidia projected first-quarter revenue between $76.44 billion and $79.56 billion—this range exceeded the analyst estimate of $72.78 billion.

CEO Jensen Huang stated, “Enterprise adoption of agents is skyrocketing,” adding that customers are racing to invest in AI compute capacity.

Huang noted AI has reached an inflection point, pointing out that inference workloads now generate revenue for customers.

CFO Colette Kress revealed Nvidia shipped its first Vera Rubin samples earlier this week; investors are monitoring the Rubin platform’s production ramp.

Anthony Saglimbene of Ameriprise said execution on next-gen platforms is critical, emphasizing that deployment schedules and lead times must stay manageable.

China, Partnerships, and GTC Focus

Nvidia reported it has not yet generated revenue from its H-200 chips in China, as the company continues to face export restrictions and regulatory uncertainty.

Recent reports stated a Chinese AI lab trained a model using Blackwell chips; the situation adds attention to

Huang said talks with OpenAI on a partnership are nearly complete. He also commented on space-based data centers, noting their economics are poor today but may improve.

Attention now shifts to Nvidia’s upcoming GPU Technology Conference in March, where Huang is expected to deliver a keynote and present new updates.

The latest results show AI infrastructure spending remains strong, with Nvidia continuing to capture much of that demand as customers expand compute capacity.