Nvidia Reports Record $68.1B Revenue Following China Rivalry Alerts

Nvidia reported record fiscal 2026 revenue of $68.1B while warning of rising competition from Chinese AI chip rivals following US export restrictions.CFO Colette Kress noted that the company has yet to generate revenue from China despite eased government rules as local competitors advance through public offerings.These developments occurred as Jensen Huang unveiled Vera Rubin chips and Donald Trump defended his tariff agenda during the State of the Union.