NVDA · 10-K · 2026A · Full report

AI Infrastructure Investment

NVIDIA CORP · 2026-02-25 · Importance 91 · Surprise 88

Revenue growth in fiscal 2026 was driven by Data Center compute and networking platforms, with Blackwell architectures representing the majority of Data Center revenue. Data Center revenue overall was up 68% year-over-year, reflecting strong demand from CSPs, AI model makers and system integrators for accelerated computing and AI solutions. Management highlights constraints on availability of data centers, energy and capital as key bottlenecks that could delay or scale down customer deployments. These resource limitations could materially affect the pace and scale of AI infrastructure buildouts across customers and partners.