TradingKey – February 25, 2026, the global AI chip leader NVIDIA (NVDA) released its fourth-quarter fiscal 2026 earnings report, with revenue, net income, and data center business all significantly exceeding Wall Street’s consensus estimates, delivering a “blockbuster” performance.

However, the day after the earnings release, NVIDIA’s stock price plummeted 5.46%, with approximately $260 billion in market value wiped out in a single day, marking its largest single-day drop in nearly three quarters.

With the strongest earnings report in history on one hand and massive capital flight on the other, why did investors “vote with their feet” amid this unusual divergence between performance and stock price? What exactly is happening with NVIDIA?…