Nvidia just printed a quarter that most companies would call a career. The chipmaker reported approximately $82 billion in revenue for Q1 of its fiscal year 2027, representing an 85% jump compared to the same period last year. Earnings per share landed at $1.87, comfortably topping the $1.77 consensus forecast.
The stock traded around $223.63 in after-hours action.
The AI engine keeps revving
Nvidia’s data center business, which encompasses the GPUs powering everything from ChatGPT to autonomous vehicle training, continues to be the rocket fuel behind these numbers.
The company holds roughly 85% of the AI chip market and approximately 95% of the AI server market.
