By Howard Smith
Publication Date: 2026-03-18 02:00:00
The market let out a collective sigh of relief when Nvidia (NVDA 0.74%) announced earnings late last month. Concerns about spending cuts on artificial intelligence (AI) products were dispelled when the company reported that revenue grew 73% year over year to $68 billion in fiscal Q4. Evidence has continued to indicate that the AI infrastructure spending fueling that revenue growth will continue.
Database software technology company Oracle has become the face of concern surrounding overspending and a potential bursting of the spending bubble. Its latest update signals that Nvidia’s revenue growth prospects remain solid.
Image source: The Motley Fool.
When $4.5 trillion is cheap
Nvidia’s market cap first crossed the $1 trillion mark less than three years ago. The stock has more than quadrupled since then, bringing it to its recent $4.5 trillion valuation. For some investors, that might have just seemed to be too high, too fast. But that’s exactly why Nvidia’s $68 billion in Q4 revenue matters.
That 73% year-over-year revenue growth wasn’t a fluke. In fact, Nvidia’s quarterly revenue growth has actually outpaced its stock price rise over the last three years.
Investors should expect that growth to continue. Oracle’s recent strong guidance for sales and capital investment growth is one signal. Nvidia anticipates quarterly sales will rise to $78 billion in the current quarter. That would represent 77% year-over-year growth. Accelerating sales can…
