Ticker: Nvidia delivers another huge quarter; Discord postpones age verification
Artificial intelligence chipmaker Nvidia on Wednesday announced another quarter of astounding quarterly growth as investors try to decipher whether technology’s latest craze is overblown hyperbole or a springboard into a new era of prosperity and productivity.
The results for the November-January period blew past the analyst projections that shape investors’ perceptions, as has been the case since Nvidia’s high-end chips emerged as AI’s best building blocks three years ago.
Nvidia’s fiscal fourth-quarter surged 73% from the previous year to $68.1 billion while its profit nearly doubled to roughly $43 billion, or $1.76 per share.
CEO Jensen Huang said in remarks that the AI boom is still in the early stages of a buildout that will reshape society.
Discord postpones age verification
Discord, the popular platform for gamers to communicate online, is postponing its controversial age verification policy after receiving swift backlash from users with concerns about their privacy.
The global rollout of the system is now delayed to the second half of 2026, Discord’s Chief Technology Officer and co-founder Stanislav Vishnevskiy wrote in a Tuesday blog post acknowledging that the company “missed the mark.”
“Many of you are worried that this is just another Big Tech company finding new ways to collect your personal data. That we’re creating a problem to justify invasive solutions,” Vishnevskiy wrote. “I get that skepticism. It’s earned, not just toward us, but toward the entire tech industry. But that’s not what we’re doing.”
