‘The Collapse of Everything AI’ Could Hinge on Nvidia’s Earnings. What Wall Street Expects from NVDA Stock.

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Aditya RaghunathWed, February 25, 2026 at 4:56 PM GMT+1 4 min readIt has been a rough start to 2026 for tech investors. Shares of seven of the eight trillion-dollar tech companies are in the red year-to-date (YTD).The lone holdout is Nvidia (NVDA). The chipmaker is up about 5% in 2026, even as the Nasdaq has dropped more than 1.5%. That outperformance says a lot. But it also raises the stakes for what comes next.Micron Stock Trades Near Record High — Cash Out or Hold On?Microsoft Stock Just Flashed an Ultra-Rare Bullish Signal for Options TradersWestern Digital Is Selling Sandisk Stock. Should You?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!www.barchart.comOn Wednesday, Nvidia reports quarterly earnings, and what CEO Jensen Huang shares about the road ahead could either calm investor nerves or rattle markets further.NVIDIA now generates roughly 90% of its revenue from its data center business, the division that supplies the graphics processing units (GPUs) and AI systems used to train and run most large language models. As the world's biggest tech companies build AI infrastructure, they're largely buying Nvidia's chips to do it.Alphabet (GOOG) (GOOGL), Microsoft (MSFT), Meta (META), and Amazon (AMZN) are expected to spend nearly $700 billion combined on AI infrastructure this year, according to their latest forecasts and analyst estimates. That's a projected increase of more than 60% from the already historic levels of 2025, according to CNBC.The increase in capital expenditures is a massive tailwind for Nvidia. But it's also created enormous expectations and anxiety about consequences if spending slows. Truist analyst William Stein bluntly framed the fear. Some investors worry about "the collapse of everything AI related," including capital expenditure and AI infrastructure supplier revenue. Stein pushed back on that view, noting that optical, memory, and semiconductor capital equipment stocks have all been running hot, a sign that AI demand remains intact.Truist maintained its Buy rating on Nvidia with a $275 price target, saying it expects fourth-quarter results and first-quarter guidance to exceed Wall Street consensus.The numbers Wall Street is watching are significant.According to Yahoo Finance data, analysts on average expect Nvidia to report revenue of $66.23 billion for the fiscal fourth quarter, a 68% increase from the same period a year ago, when sales came in at $39.33 billion.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,896.75 -23.25 (-0.34%)Dow Futures49,272.00 -259.00 (-0.52%)Nasdaq Futures25,018.00 -63.00 (-0.25%)Russell 2000 Futures2,659.10 -21.50 (-0.80%)VIX18.63 +0.70 (+3.90%)Gold5,206.30 +12.10 (+0.23%)Trending tickersNFLX Netflix, Inc. 84.59 +1.88 (+2.28%)XYZ Block, Inc. 54.53 +2.59 (+4.99%)DUOL Duolingo, Inc. 117.45 +5.80 (+5.19%)CRWV CoreWeave, Inc. 97.63 -0.38 (-0.39%)DELL Dell Technologies Inc. 121.45 -2.03 (-1.64%)PortfolioSign in to access your portfolioSign inTop gainersSEZL Sezzle Inc. 84.70 +22.08 (+35.26%)LMAT LeMaitre Vascular, Inc. 113.69 +22.31 (+24.41%)FA First Advantage Corporation 11.69 +2.17 (+22.79%)IONQ IonQ, Inc. 40.88 +7.29 (+21.70%)HPP Hudson Pacific Properties, Inc. 7.69 +1.33 (+20.91%)Top losersEOSE Eos Energy Enterprises, Inc. 6.74 -4.39 (-39.44%)ACMR ACM Research, Inc. 57.04 -11.43 (-16.69%)FOUR Shift4 Payments, Inc. 48.41 -8.96 (-15.62%)FSK FS KKR Capital Corp. 11.29 -2.03 (-15.24%)MIRM Mirum Pharmaceuticals, Inc. 92.19 -16.43 (-15.13%)Most activeNVDA NVIDIA Corporation 184.89 -10.73 (-5.49%)EOSE Eos Energy Enterprises, Inc. 6.74 -4.39 (-39.44%)NU Nu Holdings Ltd. 15.06 -1.59 (-9.55%)PLUG Plug Power Inc. 1.9100 0.0000 (0.00%)AAL American Airlines Group Inc. 13.94 +0.62 (+4.65%)Top economic eventsEarnings eventsMy earnings eventsEarnings events