Nvidia posts $81.62B Q1 revenue, beats $78.86B estimate
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- Nvidia posted Q1 2026 revenue of $81.62bn, topping Wall Street's $78.86bn estimate, with earnings of $1.87 per share versus the $1.76 expected.
- Nvidia's datacenter business grew 92% year-over-year to a record $75.2bn, a segment analysts treat as a proxy for the broader AI infrastructure buildout.
- Nvidia has generated zero revenue from H200 chip sales to China, according to CFO Colette Kress; Trump claims Xi Jinping is blocking imports despite the US approving exports with a 25% fee, and Nvidia's outlook excludes China datacenter compute revenue.
- Singapore announced Nvidia will launch a research hub focused on AI infrastructure efficiency as the chip maker pushes into southeast Asia.
- Nvidia's Vera Rubin AI platform rolls out in the second half of 2026, with CEO Jensen Huang saying the company will be "supply-constrained throughout the entire life of Vera Rubin."
- Jensen Huang framed the moment as agentic AI arriving at scale, and the CEOs of OpenAI and Anthropic credited Nvidia's infrastructure as key to running their models safely and at scale.
Why it matters: US tech giants plan to spend $750bn on AI infrastructure this year, and Nvidia's results show that capital is flowing directly into its order book — with Huang saying Vera Rubin will be sold out for its entire product life. Nvidia's $5.4tn market cap now depends on a buildout that competitors like Amazon and Google are simultaneously trying to undercut with in-house chips.
