Overview
- Nvidia reported record fiscal Q4 results and guided to roughly $78 billion in next‑quarter revenue.
- Shares fell about 5% following the report as investors digested margin pressure and balance‑sheet disclosures.
- Michael Burry warned the surge in purchase obligations to $95.2 billion could prove dangerous if demand slows, citing a Cisco‑era parallel and total commitments near $117 billion.
- CFO Colette Kress said inventory rose about 8% quarter over quarter and confirmed the company has locked in capacity beyond normal timelines.
- Most Wall Street analysts kept bullish stances, with raised targets and a Strong Buy consensus around a $273.38 average price target, as some, including JPMorgan’s Harlan Sur, framed the pullback as a buying opportunity.