Nvidia posts record $81.6B revenue as AI data center demand surges
Nvidia has reported a record revenue of $81.6 billion for the first quarter of fiscal 2027, driven by strong demand for AI infrastructure. The company's net income also saw a significant increase, rising 211% year over year. Despite a brief drop in stock price, Nvidia's outlook for the current quarter remains strong.
- ▪Nvidia's revenue increased by 85% compared to the previous year.
- ▪The company posted a GAAP net income of $58.3 billion.
- ▪Diluted earnings per share rose to $2.39.
Opening excerpt (first ~120 words) tap to expand
Nvidia posts record $81.6B revenue as AI data center demand surges Nvidia's soaring revenue highlights the escalating demand for AI infrastructure, raising questions about sustainability and geopolitical risks. Share Add us on Google by Estefano Gomez May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Nvidia shares were little changed in after hours trading after the AI chipmaker reported record first quarter revenue and…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
