Nvidia’s latest earnings report impresses, with net profit doubling to $43 billion, but after-hours stock price briefly turned negative due to AI bubble concerns. CEO Jensen Huang rebutted the bubble fears, expressing confidence in the long-term infrastructure potential. Meanwhile, Taiwanese trader 0xRay preemptively positioned with over $16.56 million in Nvidia long contracts.
Nvidia beats expectations, after-hours stock swings
The highly anticipated Nvidia (Nvidia) earnings report shows that its data center revenue surged 75% year-over-year to $62.3 billion, driving overall Q4 performance beyond market expectations, with net profit nearly doubling to $43 billion. Gross margin remains strong at around 75%.
After delivering stellar quarterly results and surpassing forecasts for the current quarter, Nvidia’s stock rose as much as 4% in after-hours trading. During the earnings call with executives and analysts, the stock began to retreat, returning to flat and even dipping into negative territory by 1%, then rebounding near flat with a tug-of-war pattern.
Image source: Google Nvidia earnings beat expectations, after-hours stock swings
The after-hours decline highlights that, despite solid financials, investor concerns about an AI bubble persist. Colette Kress, Nvidia’s CFO, mentioned during the earnings call that Chinese competitors are gaining ground, which could disrupt the global AI industry in the long run.
Additionally, Nvidia did not provide further details or upward revisions regarding the previously mentioned AI chips Blackwell and Rubin, which together are projected to generate $500 billion in revenue, contributing to the stock’s pressure.
Huang Huang counters AI bubble fears, optimistic about long-term infrastructure
Addressing market concerns, Nvidia estimates revenue for the fiscal Q1 2027 at approximately $78 billion, implying sequential growth even excluding China data center sales. Management stated that customers continue to actively invest in expanding inference models and deploying AI systems.
CEO Jensen Huang’s comments echo his remarks at the World Economic Forum in Davos.
He emphasized that AI is still in the early stages of the largest infrastructure expansion in human history, requiring trillions of dollars in future investments in energy, chips, and data centers to support its long-term growth potential. This counters fears that the AI industry has already entered a bubble.
Nvidia has secured commitments for up to $95.2 billion in inventory and capacity, nearly double the same period last year, indicating that global corporations are still rapidly investing. The company is also actively expanding its supply chain, currently manufacturing Blackwell GPUs at TSMC’s Arizona plant and assembling systems at Foxconn’s new factory in Mexico.
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Crypto’s top high school student preemptively positions with Nvidia, 0xRay holds $16.56 million in long contracts
The day before Nvidia’s earnings release, Taiwan trader 0xRay, born after 2000 and dubbed the strongest high school student in crypto, was identified by on-chain monitoring account Coinbob as having opened a position on the decentralized perpetual contract exchange Hyperliquid with a long position worth up to $10 million in Nvidia (xyz:NVDA). Note that this 0xRay is not the Taiwanese high school streamer Ray based in the U.S.
Image source: Telegram The strongest high school student in crypto preemptively positions in Nvidia, 0xRay holds over $10 million in long contracts
The “mapping contracts” seen on Hyperliquid are actually a type of synthetic equity perpetuals launched by the platform, which use blockchain technology and oracles to track traditional financial assets like US stocks. When trading these contracts, you do not own actual shares or have voting rights or dividends. All opening, closing, profits, and losses are settled in USDC (a stablecoin), with 24/7 trading and a funding rate mechanism typical of perpetual contracts.
0xRay’s unrealized profit has reached $430,000
According to on-chain data from HypurrScan on February 26 morning, 0xRay’s total account value on Hyperliquid is $7,397,471, with Nvidia long positions valued at $16,568,75 (about 510 million TWD). The position is maintained under isolated margin mode with 6x leverage, holding 84,800 units, with an entry price of $190.13 and a liquidation price of $138.24.
Image source: HypurrScan 0xRay’s Nvidia mapping contract long position, unrealized profit now at $430,000
At the time of writing, Nvidia’s contract price is $195.29, with unrealized profit of $437,812 (about 13.42 million TWD). Besides the large Nvidia long, data shows this address also previously held Micron (xyz:MU) mapping contracts, but has now exited all positions.
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