Overview
- Nvidia reported a record fiscal Q1 revenue of about $81.6 billion on Wednesday driven by an 85% year‑over‑year increase.
- Data center sales generated roughly $75.2 billion for the quarter and now make up about 92% of company revenue.
- The company guided to roughly $91 billion for the next quarter, authorized an additional $80 billion share buyback, and raised the quarterly dividend to $0.25.
- Nvidia says next‑generation Blackwell products are effectively sold out and expects supply constraints to persist while some advanced chips remain restricted from China under export rules.
- Shares fell modestly after the report even as large investors increased positions, leaving the stock’s path dependent on hyperscaler buying, competitive custom chips, and manufacturing capacity ramps.