NVIDIA reported record first-quarter revenue of $81.6 billion. This represents an 85% increase year-over-year. The results exceeded Wall Street consensus estimates of $79.2 billion.
The Data Center division generated record revenue of $75.2 billion. This performance reflects sustained global demand for AI computing. Non-GAAP earnings per share reached $1.87, surpassing analyst expectations.
NVIDIA forecasted second-quarter revenue of $91.0 billion. This outlook exceeds the anticipated $87 billion. The guidance suggests an acceleration in AI-related capital expenditures.
The company authorized an additional $80.0 billion for share repurchases. NVIDIA increased its quarterly cash dividend 25-fold to $0.25 per share.