Nvidia Expects To Increase Capital Expenditures In Fiscal Year 2027 Relative To Fiscal Year 2026

Feb 25 (Reuters) - NVIDIA Corp NVDA.O:

• NVIDIA CORP: EXPECT TO INCREASE CAPITAL EXPENDITURES IN FISCAL YEAR 2027 RELATIVE TO FISCAL YEAR 2026 TO SUPPORT THE FUTURE GROWTH OF OUR BUSINESS

• NVIDIA CORP: WE ARE FINALIZING AN INVESTMENT AND PARTNERSHIP AGREEMENT WITH OPENAI, NO ASSURANCE WE WILL ENTER INTO AGREEMENT WITH OPENAI - SEC FILING

• NVIDIA CORP: IN FEB 2026 USG GRANTED A LICENSE THAT WOULD ALLOW CO TO SHIP SMALL AMOUNTS OF H200 PRODUCTS TO SPECIFIC CHINA-BASED CUSTOMERS

• NVIDIA CORP: DURING FISCAL YEAR 2026 WE SPENT $6.1 BILLION ON CAPITAL EXPENDITURES

• NVIDIA CORP: TO DATE, HAVE NOT GENERATED ANY REVENUE UNDER H200 LICENSING PROGRAM, DO NOT YET KNOW WHETHER ANY IMPORTS WILL BE ALLOWED INTO CHINA

• NVIDIA CORP: WHILE CURRENTLY OUR SUPPLY CHAIN IS MAINLY CONCENTRATED IN ASIA, WE ARE EXPANDING INTO THE U.S. AND LATIN AMERICA

• NVIDIA CORP: ANY H200 SHIPPED UNDER NEW LICENSING PROGRAM WILL BE SUBJECT TO A 25% TARIFF UPON IMPORTATION INTO THE UNITED STATES

• NVIDIA CORP: FY 2026 GROSS MARGIN DECREASE IMPACTED BY A $4.5 BILLION CHARGE ASSOCIATED WITH H20 EXCESS INVENTORY AND PURCHASE OBLIGATIONS

• NVIDIA CORP: FINALIZING INVESTMENT & PARTNERSHIP AGREEMENT WITH OPENAI, NO ASSURANCE WE WILL ENTER INTO AGREEMENT WITH OPENAI - SEC FILING