NVIDIA Shatters Records with $81.6B in Q1 Revenue, Surging 85% as AI Demand Fuels Explosive Growth
Summary
NVIDIA shatters records with $81.6 billion in Q1 fiscal 2027 revenue, surging 85% year-over-year, as explosive AI demand drives Data Center sales to $75.2 billion while the company projects an even bigger $91 billion quarter ahead.
Key Points
- NVIDIA reports record Q1 fiscal 2027 revenue of $81.6 billion, up 85% year-over-year, driven by record Data Center revenue of $75.2 billion, which surges 92% from a year ago.
- NVIDIA returns a record $20 billion to shareholders through buybacks and dividends in Q1, announces an additional $80 billion share repurchase authorization, and raises its quarterly cash dividend from $0.01 to $0.25 per share.
- NVIDIA projects Q2 fiscal 2027 revenue of $91 billion and continues expanding its AI ecosystem with new platforms including Vera Rubin, Dynamo 1.0, and growing autonomous vehicle and edge computing partnerships.