Nvidia is becoming a victim of its own success.
Nvidia ( NVDA -0.41% ) , the godfather of artificial intelligence (AI) chips, just posted extraordinary quarterly results. Revenue was about $44.1 billion in its first quarter of fiscal 2026, a period that ends on April 27. Spotlighting the company's breakneck pace, this top-line figure was up 12% from the prior quarter and 69% year over year. Nvidia's data center segment, which is home to its AI products, did roughly $39.1 billion in revenue, up 10% sequentially and 73% year over year.
Still, I'm not buying the growth stock , even after a recent pullback in the share price over the last week. My decision to stay on the sidelines during this dip has nothing to do with business performance. It's because I believe today's results a