SLB expands Nvidia partnership to boost AI tech in energy sector amid Q1 profit concerns.

SLB has expanded its partnership with Nvidia to develop AI infrastructure for the energy sector, focusing on modular data centers and generative AI models to improve efficiency and sustainability. Despite anticipating lower Q1 revenue and additional costs due to Middle East tensions, SLB remains confident in its global resilience. The stock shows strong momentum and is outperforming its energy sector peers, with analysts maintaining a Buy rating and raising price targets. SLB's next earnings update is expected on April 24, 2026.