{"id":46356,"date":"2026-05-21T04:04:23","date_gmt":"2026-05-21T04:04:23","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/46356\/"},"modified":"2026-05-21T04:04:23","modified_gmt":"2026-05-21T04:04:23","slug":"nvidia-q1-results-surpass-wall-street-expectations-thanks-to-massive-ai-chip-demand","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/46356\/","title":{"rendered":"Nvidia Q1 Results Surpass Wall Street Expectations Thanks to Massive AI Chip Demand"},"content":{"rendered":"<p>Artificial intelligence chipmaker Nvidia&#8217;s quarterly results surpassed Wall Street&#8217;s expectations <a href=\"https:\/\/apnews.com\/article\/nvidia-artificial-intelligence-fourth-quarter-report-855e9baff355da11f3a0420cca915ac7\" rel=\"nofollow noopener\" target=\"_blank\">once again<\/a>, fueled by massive demand for its high-end AI chips. <\/p>\n<p>The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned $1.76 per share.<\/p>\n<p>Revenue jumped 85% to $81.62 billion from $44.01 billion.<\/p>\n<p>Analysts, on average, were expecting earnings of $1.75 per share and revenue of $78.91 billion, according to a poll by FactSet. Nvidia&#8217;s results have exceeded the analyst projections that shape investors\u2019 perceptions since Nvidia\u2019s high-end chips emerged as AI\u2019s best building blocks three years ago.<\/p>\n<p>\u201cThe buildout of AI factories \u2014 the largest infrastructure expansion in human history \u2014 is accelerating at extraordinary speed,\u201d said CEO Jensen Huang in a statement. <\/p>\n<p>Along with higher profit and revenue, however, Nvidia&#8217;s operating expenses increased by 49% to $7.75 billion.<\/p>\n<p>For the current quarter, Nvidia forecast revenue of about $91 billion. Analysts are forecasting $87.29 billion. <\/p>\n<p>Despite the solid results and outlook, many investors still evidently are worried about a comedown after a three-year boom that has seen Nvidia\u2019s market value soar from $400 billion at the end of 2022 to $5.4 trillion as of Wednesday. <\/p>\n<p>Shares of the Santa Clara, California-based company dipped slightly after-hours to $222.12 after closing at $223.47 in the regular trading session. <\/p>\n<p>\u201cTime and time again, (Nvidia) obliterates expectations and consensus; it delivered exactly on what people wanted, especially regarding data centers,\u201d said David Wagner, head of equity and portfolio manager at Aptus Capital Advisors. \u201cBut the market doesn\u2019t always act as you would expect after a strong report like this one.\u201d <\/p>\n<p>The company also announced plans to return some money to shareholders. It authorized a plan to buy back $80 billion worth of stock and increased its quarterly cash dividend to 25 cents per share from 1 cent. <\/p>\n<p>Copyright 2026 The\u00a0<a href=\"http:\/\/www.ap.org\" target=\"_blank\" rel=\"nofollow noopener\">Associated Press<\/a>. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n<p>Photos You Should See \u2013 April 2026<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/05\/1779336263_399_april-28-pyss-w01.jpg\" alt=\"Dancers rehearse before an audition for the Radio City Rockettes at Radio City Music Hall in New York, on Wednesday, April 22, 2026. (AP Photo\/Yuki Iwamura)\" class=\"Image__PictureImage-sc-412cjc-1 bBgODV Image-sc-412cjc-2 SlideshowEmbed__Picture-fkpjfn-0 kQDDcT bUlaJL\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Artificial intelligence chipmaker Nvidia&#8217;s quarterly results surpassed Wall Street&#8217;s expectations once again, fueled by massive demand for its&hellip;\n","protected":false},"author":2,"featured_media":46357,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,1450,309,148,970,11733,3588,4895,3589,4132,4463,134,163,1481],"class_list":["post-46356","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-ai","tag-artificial-intelligence","tag-associated-press","tag-business","tag-business-news","tag-california","tag-california-news","tag-collections-business","tag-collections-technology","tag-collections-top-news","tag-collections-us","tag-public-opinion","tag-technology","tag-technology-news","tag-u-s-news"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/46356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=46356"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/46356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/46357"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=46356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=46356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=46356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}