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Good morning. Traders likely felt some relief on Wednesday evening following Nvidia\u2019s strong Q4 earnings report.<\/p>\n
The tech giant, which currently has the largest market cap in the world at about $4.7 trillion, reported record revenue for Q4 of $68.1 billion, up 20% from Q3 and 73% from a year ago. The company also reported record full-year fiscal 2026 revenue of $215.9 billion, up 65%. Nvidia\u2019s data center business posted record quarterly revenue of $62.3 billion, up 22% from Q3 and 75% year over year.<\/p>\n
Expectations were high going into the report, as investors looked for reassurance about the sustainability of hyperscaler spending on AI. Jensen Huang, founder and CEO of Nvidia, said in a statement that enterprise adoption of AI agents is \u201cskyrocketing.\u201d<\/p>\n
For the first quarter of fiscal 2027, Nvidia guided to revenue of $78 billion. Total supply-related commitments rose from $50.3 billion at the end of the third quarter to $95.2 billion at the end of the fourth quarter, Fortune <\/em>reported. In a statement, Nvidia said it has \u201cstrategically secured inventory and capacity to meet demand beyond the next several quarters.\u201d<\/p>\n On the earnings call, Huang made what I think is an impactful comment: \u201cIn this new world of AI, compute equals revenues.\u201d He also said, \u201cWithout investing in capacity today, without investing in compute, there cannot be revenue growth.\u201d Computing power is essentially no longer viewed as a cost center but as a direct engine of revenue, according to Huang.<\/p>\n Architecture is incredibly important, as \u201cit\u2019s more than strategic now; it directly affects their earnings,\u201d he said of hyperscalers. \u201cAnd choosing the right architecture\u2014the one with the best performance per watt\u2014is literally everything,\u201d he added.<\/p>\n Nvidia\u2019s major cloud\/hyperscaler customers include Meta, Microsoft, Amazon Web Services, Alphabet, and Oracle, and CFO Colette Kress said on the call that large cloud service providers account for roughly 50% of the company\u2019s data?center revenue. For example, at Meta, advancements in their GEM model increased ad clicks on Facebook to 3.5 times their previous level and boosted conversions on Instagram by more than 1%, \u201ctranslating into meaningful revenue growth,\u201d she said.<\/p>\n However, Kress emphasized that Nvidia\u2019s customer base is diverse and includes non-hyperscalers ranging from AI companies and large enterprises to supercomputing customers and sovereign buyers.<\/p>\n For finance chiefs, the message from Nvidia\u2019s latest quarter is less about one company\u2019s outsize gains\u2014 and more about a shifting rulebook for growth.<\/p>\n Sheryl<\/strong>\u00a0Estrada<\/strong> Ronda Chu <\/b>was promoted to CFO of San Francisco International Airport (SFO). She brings more than 25 years of experience in financial consulting and management, including roles with Booz Allen Hamilton, Reed & Associates, and Jacobs\/LeighFisher. Chu joined SFO in 2008 as an airport economic planner and most recently served as managing director of finance. Before her appointment, Kevin Bumen held both CFO and chief commercial officer roles. He will continue as chief commercial officer.<\/span><\/p>\n Stephanie Lewis<\/b> was promoted to CFO of <\/span>Forbes<\/span><\/i>, effective immediately. She will oversee the global finance organization. Lewis was most recently SVP of finance. She joined <\/span>Forbes<\/span><\/i> in 2008 as a financial analyst and has since held a series of increasingly senior leadership roles within the finance organization, including controller. Before joining the company, Lewis began her career at a small CPA firm in New York City, working in audit and personal tax, and later joined Grant Thornton\u2019s commercial audit practice.<\/span><\/p>\n \u201cDisrupting Malicious Uses of AI\u201d is a new report by OpenAI. The case studies in this report, such as those involving romance scams, show how threat actors typically use AI in combination with more traditional tools such as websites and social media accounts. \u201cThreat activity is seldom limited to one platform,\u201d according to OpenAI.<\/p>\n \u201cHow AI Is Reshaping Human Intuition and Reasoning\u201d is a new episode of Wharton’s podcast, \u201cRipple Effect.\u201d Wharton professor Gideon Nave and postdoctoral researcher Steven D. Shaw discuss research on the concept of \u201ccognitive surrender,\u201d where people often accept AI-generated answers, even incorrect ones, with high confidence. They explain how this emerging \u201cthird system\u201d of artificial cognition can reshape decision-making in business, education, and everyday life.<\/p>\n \u201cComplexity is exactly what suffocates scale.\u201d<\/strong><\/p>\n \u2014May Habib, CEO and co-founder of Writer, an agentic AI platform, makes this point in a Fortune<\/em> opinion piece titled \u201cThe AI leadership reckoning is here.\u201d Enterprises have spent decades promoting people who manage complexity, according to Habib. \u201cThe bigger the org chart and the more layers you oversee, the higher you climb,\u201d she writes. \u201cBut in the agentic era, that model is fundamentally backwards.\u201d<\/p>\n<\/div>\n #Nvidias #record #quarter #signals #CFOs #Compute #equals #revenue<\/p>\n","protected":false},"excerpt":{"rendered":" Good morning. Traders likely f… <\/p>\n","protected":false},"author":1,"featured_media":25411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[529,526,528,527,530,532,531,533],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/25410"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25410"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/25410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/25411"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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There is a fundamental platform shift from classical machine learning to generative AI, Kress said. \u201cStrong evidence of ROI as hyperscalers upgrade massive traditional workloads to generative AI, including search, ad generation, and content recommender systems, is encouraging our largest customers to accelerate their capital spending,\u201d she said.<\/p>\n
sheryl.estrada@fortune.com<\/p>\nLeaderboard<\/h3>\n
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