Reported 2 days ago
Nvidia's Q1 earnings exceeded expectations with a revenue of $44.1 billion, up from $26 billion year-over-year, and adjusted earnings per share of $0.96. However, the company anticipates a significant $10.5 billion revenue loss due to US export restrictions affecting its H20 AI chips in China. While data center revenue fell slightly short of estimates, Nvidia maintains strong demand for its products amid the ongoing AI boom.
Source: YAHOO