Nvidia's Q1 Revenue Hits Record High, Driven by AI Boom
American AI chip giant Nvidia announced its latest financial results in San Francisco. Benefiting from a surge in AI hardware demand, its Q1 revenue for the fiscal year 2027 ending April 26 reached a record $81.6 billion. This represents an 85% year-over-year and 20% quarter-over-quarter increase, surpassing Wall Street expectations and highlighting its leading position in the global AI infrastructure wave.
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- 📰 Published: May 21, 2026 at 06:44
- 🔍 Collected: May 21, 2026 at 07:01 (17 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 07:04 (2 min after Collected)
(CNA, San Francisco, May 20, Comprehensive Foreign Report) American artificial intelligence (AI) chip giant Nvidia announced its first-quarter financial results today. Benefiting from a surge in demand for AI hardware, Nvidia's quarterly revenue reached a record high of $81.6 billion, exceeding Wall Street expectations. According to an AFP report, Nvidia's Q1 financial results for the fiscal year 2027 ending April 26 show that the company's quarterly revenue surged by 85% year-over-year and grew by 20% from the previous quarter, highlighting Nvidia's position as a primary beneficiary in the global AI infrastructure wave.