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Nvidia’s AI Surge Lifts Value Past $4.4 Trillion as Gaming Reenters the Growth Conversation

Confidence rests on CUDA-led data-center dominance, with a growing AI-PC opportunity broadening the story.

Overview

  • Data-center revenue is the core engine, rising from $15 billion in fiscal 2023 to an estimated $192 billion in fiscal 2026.
  • In the latest quarter, revenue reached $57 billion with net income of $31.9 billion and a 73.4% gross margin.
  • Nvidia’s market capitalization stands around $4.4–$4.46 trillion as demand for its GPUs remains exceptionally strong.
  • The roadmap extends beyond Blackwell to Rubin, revealed in September and described as expected to be available by late 2026.
  • Gaming now represents about 7.5% of revenue but holds roughly 94% discrete GPU share and grew 30% year over year, with some analysis projecting the gaming and AI-PC opportunity could add around $350 billion to market value over time.