By Nick Robins-Early
Publication Date: 2026-02-25 22:09:00
Nvidia released its quarterly results on Wednesday. The chipmaker reported higher-than-expected sales, boosting its shares in after-hours trading, continuing its years-long streak of beating Wall Street’s sky-high expectations.
The company derives most of its revenue from its data center business, which has been boosted by the tech industry’s immense investment in AI infrastructure. On Wednesday, Nvidia reported 75% year-over-year growth in its data center revenue to $62.3 billion. Nvidia, the world’s most valuable publicly traded company, dominates the chip market as its computing units have become the backbone of the artificial intelligence boom.
Investors have been more skeptical in recent months about the huge spending big tech companies have been pouring into advancing their AI products, with share prices of most of the so-called “Magnificent Seven” tech companies declining at the start of the year. Nvidia’s growth, meanwhile, has impacted…
