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Nvidia Reports Record Quarter and Guides to About $91 Billion for Next Quarter

Surging GPU demand from cloud customers has pushed net profit margins above 70 percent, prompting investor questions about the stock’s valuation.

Overview

  • Nvidia said fiscal Q1 revenue jumped 85% year‑over‑year to $81.6 billion and it guided roughly $91 billion for fiscal Q2, figures the company tied to strong AI GPU sales.
  • Net profit margin in the quarter exceeded 70 percent as sales to major cloud providers and hyperscalers drove outsized profitability.
  • Company hiring tied to space-based infrastructure, including roles described as an orbital data center systems architect, signals exploration of new markets beyond traditional cloud deployments.
  • The stock remains elevated, up about 25% over the past year, while investors and analysts debate near‑term volatility versus longer‑term growth and differing valuation measures.
  • Valuation metrics cited in coverage show a trailing P/E near 30, which some observers contrast with higher multiples at mature retailers as they judge whether current price reflects sustained growth.