This is the Daily Tech News for Thursday, February 26th, 20206.

No, give you the important context and help each other understand.

Today, Invidia had great earnings and everybody was disappointed.

I'm Tom Merritt.

I'm Jen Cutter.

Let's start with what you need to know with the big story.

Yes, Nvidia reported bumper earnings.

Q4 earnings numbers on Wednesday showed revenue up 73% on the year.

That was more than people had estimated.

Data Center revenue up 75% on the year, also more than people estimated.

Gaming and automotive missed the estimates, but they did all right, and those are presently

small portions of the business anyway.

Nvidia's forecast for Q1 revenue was also above estimates.

They said, we're going to make more in Q1 than you thought we did.

In fact, it beat estimates by the widest range in two years.

Nvidia now makes more money in a quarter than most chip companies make in a year.

So, of course, Nvidia stock fell on Thursday. Why you might ask? Well, here are some of the theories.

Concern about the circular deals and a potential bubble. So the idea that Nvidia is giving

people money to then spend back with Nvidia, worry that its potential customers

are running out of cash. Even companies like Google are spending a lot of cash. They are spending

down their cash. And investors are concerned whether that can continue. Invita has purchased

obligations of $95.2 billion.

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