NVIDIA Corp. (NASDAQ:NVDA) delivered another blowout quarter on Wednesday, beating Wall Street expectations on both revenue and earnings as demand for AI infrastructure continued to power growth across its data center business.
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Q1 Details
The chipmaker reported fiscal first-quarter revenue of $81.6 billion, up 85% year-over-year and above analyst estimates of about $79.15 billion, while adjusted earnings came in at $1.87 per share versus expectations of $1.77 per share.
Data center revenue surged to $75.2 billion, representing roughly 92% of total sales, as hyperscalers and enterprise customers continued racing to build out AI computing capacity.
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