The AI boom has caused the chip company Nvidia’s business to grow explosively, despite all doubters. In the last quarter, sales rose by 73 percent year-on-year to a good $68.1 billion.
02/26/2026, 04:3802/26/2026, 04:38
Nvidia exceeded Wall Street’s expectations. Even compared to the previous quarter, there was an increase of 20 percent. Nvidia chip systems have become a key technology for the development of software with artificial intelligence.
Nvidia has so far given the lie to doubters.Image: keystone
The bottom line is that quarterly profit jumped by 94 percent year-on-year to just under $43 billion. The group’s earnings per share were above analysts’ estimates. In after-hours trading, Nvidia shares temporarily rose by more than three percent.
Nvidia refuted the doubters again with a forecast for the current quarter. The chip company expects sales of $78 billion, with a possible deviation of two percent up or down. (sda/dpa)