Nvidia reports a truly astonishing $193.7 billion in annual data center revenue in its latest earnings call, up 75% year on year, while little old gaming brought in $16 billion
PC Gamer
by Andy Edser February 26, 2026
AI-Generated Deep Dive Summary
Nvidia revealed its latest financial results, showing a staggering $193.7 billion in annual data center revenue—a 68% year-over-year increase. This remarkable growth highlights the company's strong focus on AI hardware, with products like Hopper and Blackwell driving demand. While gaming contributed $16 billion for the fiscal year (a 41% rise), it pales in comparison to data center sales, emphasizing Nvidia's shift toward AI as its primary revenue driver.
The company's executive vice president noted that data center revenue has grown nearly 13x since the emergence of ChatGPT in fiscal year 2023. Nvidia expects continued growth, projecting revenue to exceed $500 billion by calendar 2026. This projection reflects the immense demand for AI-crunching hardware and Nvidia's ability to secure supply chain commitments despite ongoing challenges in the broader semiconductor industry.
Despite its dominance in AI, gaming remains a significant part of Nvidia's business, driven by strong sales of RTX 50-series GPUs. However, the focus on AI has left gamers feeling like they are a secondary priority. Investors appear cautiously optimistic about Nvidia's future, given concerns over excessive spending by AI companies and potential supply chain limitations.
Nvidia's success in the data center market underscores its strategic pivot toward AI. While gaming continues to grow, it is no longer the primary driver of revenue, as seen with the $3.7 billion Q4 gaming sales compared to the massive data center figures. This shift matters for gamers because it suggests that advancements in gaming technology may slow if AI remains the top priority.
Looking ahead, Nvidia's plans to invest heavily in R&D and innovation will likely shape the future of both AI and gaming technologies. The company's focus on performance per watt improvements could lead to more efficient hardware across all sectors, including gaming. However, the balance between AI growth and gaming innovation remains uncertain, leaving gamers curious about what the future holds for their favorite technology.
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Originally published on PC Gamer on 2/26/2026