Reported 3 days ago
Nvidia's Q1 earnings exceeded revenue expectations at $44.1 billion, though adjusted earnings per share fell short at $0.81 due to a ban on H20 chip shipments to China. The company anticipates an $8 billion sales loss in Q2 from the export restrictions. Despite challenges, CEO Jensen Huang highlighted strong global demand for AI infrastructure and Nvidia's pivotal role in the industry's transformation.
Source: YAHOO