NVIDIA plans mini data centers next to power substations ahead of May 20 earnings

Nvidia unveiled plans to deploy mini data centers adjacent to local power substations to tackle AI energy bottlenecks. Q4 FY26 hit $68.13B revenue with $62.31B from Data Center and 75% non-GAAP gross margins; Q1 FY27 guidance is ~$78B. Trump confirmed China still has not approved Nvidia AI chip imports.