Overview
- The company reported roughly $81.6 billion in fiscal Q1 revenue with about $75.2 billion coming from its data‑center business, figures released Wednesday that show AI servers now drive the bulk of Nvidia’s sales.
- Nvidia gave strong guidance of roughly $91 billion for the next quarter and projected at least $1 trillion in cumulative AI chip orders through 2027, signaling management expects demand to stay very high.
- The board authorized an additional $80 billion share buyback and raised the quarterly dividend to $0.25, returning cash to shareholders instead of using all funds for expansion.
- Management and analysts said next‑generation Blackwell and Vera Rubin products are effectively sold out and supply from partners such as TSMC will constrain shipments through the product cycles.
- Investors reacted coolly with a modest after‑hours share decline, as markets weigh concentrated hyperscaler demand, growing competition from custom chips and export limits to China that could cap future revenue.