NVIDIA's earnings report is considered the 'must-watch' event with Wall Street expecting a 'beat and raise' performance
CoreWeave's $56 billion backlog serves as a leading indicator for AI compute power demand
Dell has transformed into an AI server leader with an $18.4 billion backlog in AI server orders
The AI trade faces exhaustion signals, making these reports crucial for determining if the boom has room to continue
📖 Full Retelling
Wall Street investors are closely watching three pivotal AI infrastructure companies this week as NVIDIA, CoreWeave, and Dell Technologies prepare to release their quarterly earnings reports on February 25-26, 2026, in what represents the most significant test yet for the artificial intelligence trade that has driven market gains. With the tech sector showing signs of exhaustion, investors are seeking concrete evidence that sustained capital expenditures are translating into successful deployment of next-generation AI hardware rather than just temporary enthusiasm. The market's direction may hinge on these reports as they will indicate whether the AI boom still has substantial room to grow or if it's approaching a plateau. NVIDIA, the undisputed leader in AI infrastructure, will report its fiscal fourth-quarter 2026 results on Wednesday after market close with Wall Street expecting a "beat and raise" performance, projecting approximately $65.6 billion in revenue—a remarkable 67% increase year-over-year. Traders are particularly focused on the production ramp of Blackwell architecture chips and any commentary regarding supply chain constraints or the roadmap for upcoming Rubin chips, which could significantly impact the broader S&P 500 direction. The following day, attention shifts to CoreWeave, the specialized cloud provider and key NVIDIA partner, whose $56 billion revenue backlog serves as a critical leading indicator for actual compute power being leased by AI startups and tech giants. Joining CoreWeave on Thursday is Dell Technologies, which has successfully reinvented itself as a leader in AI-optimized servers with an impressive $18.4 billion backlog in AI server orders, though faces the challenge of maintaining gross margins while scaling production to meet extraordinary demand.
CoreWeave, Inc. is an American artificial intelligence (AI) cloud-computing company based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to AI developers and enterprises, and also develops its own chip management software.
Nvidia Corporation ( en-VID-ee-ə) is an American technology company headquartered in Santa Clara, California. Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, it develops graphics processing units (GPUs), systems on chips (SoCs), and application programming interfaces (APIs) for...
# Artificial Intelligence (AI)
**Artificial Intelligence (AI)** is a specialized field of computer science dedicated to the development and study of computational systems capable of performing tasks typically associated with human intelligence. These tasks include learning, reasoning, problem-solvi...
These earnings reports are crucial for assessing the health of the AI sector, as NVIDIA, CoreWeave, and Dell are key infrastructure providers. Their results will indicate whether the massive capital investment in AI is translating into real business growth and hardware deployment. The market's reaction could significantly influence the direction of the broader S&P 500 and investor confidence in the AI trade.
Context & Background
NVIDIA is the primary supplier of GPUs for AI and reports on February 25
CoreWeave is a specialized cloud provider with a large revenue backlog reporting on February 26
Dell Technologies is a leader in AI-optimized servers also reporting on February 26
Investors are looking for evidence of sustained capital expenditure and successful hardware rollout
The tech sector is showing signs of exhaustion, increasing pressure for strong results
What Happens Next
Market volatility is expected, with NVIDIA's report alone suggesting a potential 6.5% stock move. Analysts will scrutinize commentary on supply chains and future product roadmaps like the Blackwell and Rubin chips. The results will likely set the tone for AI-related stocks and broader market sentiment in the coming weeks.
Frequently Asked Questions
When are the key earnings reports being released?
NVIDIA reports after market close on Wednesday, February 25. CoreWeave and Dell report on Thursday, February 26.
Why is NVIDIA considered so important to the AI trade?
NVIDIA is the primary supplier of GPUs that power large language models, making its results a key barometer for the entire AI infrastructure sector.
What are investors looking for in these reports beyond earnings beats?
Investors want confirmation that capital expenditure is leading to successful deployment of next-generation AI hardware and sustained growth.
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump to raise global tariff rate to 15% after Supreme Court ruling 10% market drop could meaningfully dent U.S. consumption, BCA says BCA flags rising risk of Trump trade escalation by 2027 Is now time to double down on diversification? (South Africa Philippines Nigeria) 3 key earnings reports for this week to keep the AI trade alive By Investing.com Stock Markets Published 02/21/2026, 09:58 PM Updated 02/21/2026, 10:00 PM 3 key earnings reports for this week to keep the AI trade alive 0 DELL 2.70% NVDA 1.02% Investing.com – The artificial intelligence trade faces its most significant test of the year this week as three pillars of the AI infrastructure world prepare to release their quarterly results. With the tech sector showing signs of exhaustion, investors are looking for more than just "beats". They are looking for evidence that sustained capital expenditure is leading to the successful rollout of next-generation hardware. All eyes are on the after-market close on Wednesday and Thursday for confirmation that the AI boom still has room to run. Get more insights by upgrading to InvestingPro - up to 50% discount now NVIDIA: the unchallenged king of AI infrastructure NVIDIA is scheduled to report its fiscal fourth-quarter 2026 results on Wednesday, Feb. 25, after market close . As the primary supplier of the GPUs that power large language models, NVIDIA remains the ultimate barometer for the sector. Wall Street is looking for a "beat and raise" performance, with consensus estimates pegged at roughly $65.6 billion in revenue, a staggering 67% increase year-over-year. Traders are particularly focused on the production ramp of the Blackwell architecture chips. Any commentary regarding supply chain bottlenecks or the roadmap for the upcoming Rubin chips will likely dictate the direction of the broader S&P 500. With implied volatility suggesting a 6.5% move in either direction, NVIDIA’s report is the week’s undi...
