Nvidia's latest record earnings fail to impress investors
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- Nvidia reported Q1 revenue of $81.6 bn, up 85% YoY, and net income of $58.3 bn, more than tripling.
- Nvidia projected AI‑infrastructure spending of $3‑$4 tn per year by 2030 and expects Q2 revenue of $91 bn.
- Nvidia raised its quarterly dividend from $0.01 to $0.25 per share and announced an £80 bn share‑buyback programme.
- Nvidia shares fell 1.6% in after‑hours trading despite the record quarter, as analysts cited investor fatigue and mounting competition.
- Nvidia remains barred from selling its H200 chips to Chinese customers, even though the Trump administration has permitted limited sales under conditions.
Why it matters: Investors in the S&P 500 see a modest dip as Nvidia’s 1.6% share slide trims the index’s momentum, while the chipmaker’s limited access to China’s market curtails potential AI‑infrastructure sales worth up to $4 tn annually.
