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AI bubble intact as world's most valuable company continues to defy expectations
The world's most valuable company has reported another series of expectation-defying results, lessening fears, for now, of an AI bubble bursting.
Nvidia said its revenue reached another all-time high, hitting more than $200bn (£147bn) in its 2026 financial year, far outpacing Wall Street estimates and the company's own guidance. Money blog: Bank customers to be moved to Nationwide It also recorded the greatest growth from one three-month period to the next in the company's history.
The set of results was described as "absolutely stellar" by Kyle Rodda, the senior financial market analyst at trading platform Capital.com and "monster" by Kathleen Brooks, research director at brokerage firm XTB. Across many metrics, Nvidia posted remarkable growth: gross profit surpassed $150bn (£110bn) in the 12 months to the end of January.
Data centre revenue hit $62bn (£45.7bn) in the most recent three-month period alone as the company said it saw demand from a diverse client base. Its demand is "broad, diverse and expanding.
Amir Nisi
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