Dubai, Abu Dhabi, UAE. February 27, 2026. Nvidia’s blockbuster quarterly update is still setting the tone for tech conversations in the UAE two days after the numbers landed, as investors weigh what record revenue and strong guidance mean for the durability of the AI spending cycle.
Nvidia reported fourth quarter revenue of $68.1 billion, up 73 percent year on year, driven by data centre revenue of $62.3 billion, up 75 percent. The company reported non GAAP earnings per diluted share of $1.62. For the first quarter of fiscal 2027, Nvidia guided to revenue of $78.0 billion, plus or minus 2 percent.
Fadi Abou Ras, CEO of online trading broker AvaTrade Middle East Limited, said the initial reaction in the UAE reflected a familiar pattern of high expectations meeting strong results.
He said: “UAE traders digested Nvidia’s approximately 3 percent after hours move at the open, with early optimism likely filtering into Nasdaq linked ETFs and AI themed exposures across Dubai and Abu Dhabi. However, the fade from initial highs signals the same global dynamic: strong numbers were largely priced in.”
He said the more important takeaway for the region sits beyond the day to day price action: “The impact locally is less about short term equity moves and more about capital allocation signals. Sovereign backed funds and regional institutional investors with exposure to U.S. tech or AI infrastructure themes see reinforcement of the long duration AI thesis.”
Kate Leaman, Chief Market Analyst at AvaTrade, said the results offered fresh evidence that demand is holding up: “Nvidia’s Q4 earnings confirm the AI revolution is firing on all cylinders, which somewhat puts the AI bubble fears to rest, at least for now.”
For UAE based investors, the story is also strategic, Abou Ras added. “More structurally, Nvidia’s results support the UAE’s own AI ambitions, from data centre buildouts to sovereign AI initiatives, validating the global capex cycle that Gulf capital has increasingly positioned around,” he said.
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