---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38894998.md"
description: "NVIDIA's earnings report was as predicted, very strong, but isn't it strange? Why doesn't Wall Street buy it? Actually, before the earnings came out, those people were saying they only cared about Q1 guidance. Although the results beat expectations, they didn't massively exceed expectations by over 80 billion.The core issue is: how can you guarantee that Meta, Google, Microsoft, and Amazon will continue their massive spending next year to ensure your revenue? And how do you think your partners can make money, thereby ensuring they continue to buy your chips? The answers on the earnings call were disappointing. You can check the detailed responses.Also, they've started to include stock-based compensation, which will definitely affect next quarter's gross margin calculation.As for why I'm very disappointed, it's because NVIDIA didn't continue to publicly disclose the backlog like they did last time, nor did they explain the AI equipment procurement plan for the next quarter. I had hoped they would address this on the call (which would have been positive for Micron), but they didn't. Nothing they said had any highlights overall, which is why memory stocks have basically corrected. But it's not a big problem because South Korea has already legislated to keep the stock market rising. Memory stocks are all in the same boat: when one rises, the others rise; when one falls, the others fall. This is also one of the reasons for last night's rise. There should be intense volatility tonight. Make money during the volatile period, and if you lose money, don't panic. Wait for the market to turn. The memory sector's positive outlook remains intact.$Micron Tech(MU.US)$Western Digital(WDC.US)$Sandisk(SNDK.US)$NVIDIA(NVDA.US)$Alphabet(GOOGL.US)$Amazon(AMZN.US)"
datetime: "2026-02-26T00:14:06.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38894998.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38894998.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38894998.md)
author: "[万山红](https://longbridge.com/en/profiles/15423153.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38894998.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38894998.md)


# NVIDIA's earnings report was as predicted, very st…


### Related Stocks

- [Sandisk Corporation (SNDK.US)](https://longbridge.com/en/quote/SNDK.US.md)
- [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md)
- [Micron Technology, Inc. (MU.US)](https://longbridge.com/en/quote/MU.US.md)
- [Western Digital Corporation (WDC.US)](https://longbridge.com/en/quote/WDC.US.md)

## Comments (9)

- **老用户666 · 2026-02-26T02:12:32.000Z · 👍 1**: It's not that we don't want to buy. We're exhausted of strength. Can't buy anymore. For NVIDIA's scale, the amount of capital needed to push it higher is too massive. But there isn't that much capital outside the market.
- **二十八画生～ · 2026-02-26T01:38:50.000Z**: Insightful, the storage cycle is just beginning.
- **时间加耐心便是财富 · 2026-02-26T00:40:39.000Z**: Sure, the article has insightful views.
  - **时间加耐心便是财富** (2026-02-26T00:43:15.000Z): To expand on the article's point, the entire AI narrative must be viable, ensuring that people can make money after buying the related hardware. Only by growing the pie can a virtuous cycle of continu
  - **万山红** (2026-02-26T00:48:16.000Z): You're right, bro. That's how the market is. If you sell chips and the companies buying your chips aren't making money, it pretty much guarantees you won't make much money the next year either.
- **oxyg3n · 2026-02-26T00:37:51.000Z**: What you're saying is completely irrelevant. Whether the earnings reports of Microsoft, Google, and Meta are good or not, they still get sold off. The fact is, market attention on tech giants is too high right now. Market makers are just exploiting this attention to repeatedly engage in risk-free ar
  - **万山红** (2026-02-26T00:49:02.000Z): That's right. Actually, everyone lacks confidence now. After several years of consecutive gains, everyone is afraid of being the one left holding the bag.
  - **新用户_B5h** (2026-02-26T05:12:50.000Z): They fell because their expenses were too high, which has nothing to do with the NVIDIA issue.
- **自来也 · 2026-02-26T00:16:13.000Z**: Okay