Nvidia earnings and guidance beat expectations, stock slips after hours
The AI chipmaker’s revenue rose 85% to $81.62 billion, and its data center sales hit a record $75.2 billion.
- On Wednesday, Nvidia reported revenue of $81.62 billion for the February-April period, an 85% jump that surpassed Wall Street expectations, with earnings hitting $2.39 per share.
- Massive demand for high-end Artificial intelligence chips fueled these results, as CEO Jensen Huang noted the buildout of AI factories is accelerating at extraordinary speed.
- Results beat FactSet analyst forecasts of $78.91 billion in revenue and $1.75 per share in earnings; as of Wednesday's close, Nvidia reached a market value of $5.4 trillion.
- Forecasting about $91 billion in revenue for the current quarter, Nvidia saw shares dip slightly after-hours to $222.12 following the Wednesday regular-session close of $223.47.
- At the Dell Technologies World event in Las Vegas on Monday, CEO Jensen Huang signed a DELL machine, reflecting Nvidia's ongoing dominance in the high-end chip sector.
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NVIDIA Breaks Revenue Record for 12 Consecutive Quarters, Surpassing 120 Trillion Won in Q1. NVIDIA has broken its revenue record for the 12th consecutive quarter. NVIDIA announced on the 20th (local time) that it recorded revenue of $81.62 billion (approximately 122 trillion won) for the first quarter of fiscal year 2027 (February–April 2026). In the previous quarter, revenue was $68.13 billion...
Nvidia’s revenue hits record $81B — easily topping Wall Street estimates — on massive demand for AI chips
Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips.
Nvidia beats on earnings, but faces headwinds
Nvidia’s revenue topped estimates for the latest quarter, the chip giant reported Wednesday, but it faces challenges ranging from macroeconomic headwinds and its China business to sky-high market expectations.Despite its blockbuster earnings streak, Nvidia shares have tumbled following the past three quarterly reports.“Analyst expectations may have hit unattainable highs” for the world’s most valuable company, CNBC wrote.Beijing reportedly banne…
American chip manufacturer Nvidia once again posted record revenue and profit in the past quarter. However, the outlook for the second quarter does not entirely satisfy investors.
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