NVIDIA Reports Record Q1 Earnings Driven by AI Demand and Announces Strong Guidance
NVIDIA reported a blowout first-quarter fiscal year 2027 with revenue of $81.6 billion, up 85% from the previous year, driven primarily by strong demand in its Data Center segment. The company forecasted another record quarter with expected Q2 FY27 revenue of $91 billion and announced an additional $80 billion share repurchase program.
Tickers: $NVDA
Topics: AI demand Data Center revenue dividend increase share buybacks