Nvidia beats on earnings and revenue as data center sales jump 73%
- Nvidia reported fiscal first-quarter earnings on Wednesday with revenue of $44.1 billion and profit of $18.8 billion, beating market expectations.
- The results followed U.S. Export controls requiring licenses to sell Nvidia's H20 chips in China, which caused a $4.5 billion charge amid reduced demand.
- Nvidia's data center revenue surged 73%, while gaming chips reached a record $3.8 billion, reflecting strong demand despite geopolitical headwinds.
- CEO Jensen Huang said, "Global demand for NVIDIA's AI infrastructure is incredibly strong," as shares rose nearly 4% in after-market trading.
- Analysts noted Nvidia faces mounting competitive and geopolitical pressures, including rivals gaining on cost-effectiveness and ongoing export restrictions impacting future sales.
180 Articles
180 Articles
Nvidia Results Eclipse Analysts' Predictions
Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human. Nvidia earned $18.8 billion, or 76 cents per share, for the period, a 26% increase from the...
Instant Reaction: Nvidia Gives Solid Forecast, Despite China Concerns - Bloomberg Businessweek
Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results. Sales will be about $45 billion in the second fiscal quarter, which runs through July, the company said on Wednesday. That included the loss of roughly $8 billion in revenue from China because of export controls. The forecast was in line with analysts’ estimates, according to data compiled by Bloomb…
Nvidia shares pop on strong AI demand despite hit from China chip restrictions
Nvidia reported solid first quarter earnings on Wednesday, providing some relief to anxious investors who have come to see the world’s leading chip supplier as a bellwether for the overall tech industry.


Nvidia shares rise on strong Q1 earnings, despite export control headwinds
Nvidia reported strong Q1 earnings with a 26% net income increase, but faces challenges from U.S. export restrictions on AI chips to China, that will impact future sales.
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