Data center revenue soars 92% as NVIDIA turns in another record-breaking quarter...and the share price falls
We built NVIDIA compute platform over three decades, one architecture, vast ecosystem, extreme co-design across chips, systems, networking and software. We built it ahead of this moment so that when agentic AI arrived NVIDIA would be ready. It has arrived.
The AI bubble held intact yesterday as NIVIDA turned in record overall revenue of $81.6 billion for Q1 calendar 2027, with data center revenue making up $75.2 billion of that, up a massive 92% year-on-year. Net income was $58.32 billion, up from $18.78 billion in the comparable year-ago quarter.
So, of course, the share price fell on Wall Street as the short termists seemingly fretted that growth going forward wouldn’t match their greed...
But for Jensen Huang, the glass was resolutely more than half-full:
This was an extraordinary quarter, demand has gone parabolic. The reason is simple, agentic AI has arrived. AI can now do productive and valuable work. Tokens...
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