What happened
NVIDIA's stock gained 1.17% to $200.67 in midday trading on Friday, pushing its market capitalisation near $5 trillion. The company reported Q4 fiscal 2026 revenue of $68.1 billion, with Data Centre revenue reaching $62.3 billion, a 75% year-over-year increase. CEO Jensen Huang stated the Blackwell architecture ramp is the fastest in company history.
Why it matters
Hyperscalers and procurement teams face sustained pressure for AI infrastructure investment, evidenced by NVIDIA's 75% year-over-year data centre revenue growth. This reinforces the strategic importance of NVIDIA's CUDA software ecosystem against increasing competition from custom silicon, as the company continues to invest in future architectures like Rubin.
