NVIDIA Guides for Massive $91B Q2 as AI Factory Era Fuels Record Earnings
We're starting to sound like a broken record when writing about NVIDIA's earnings, but that's only because NVIDIA keeps breaking records, as it has done once again. The company beat out Wall Street estimates yet again, this time by posting $81.6 billion for the first quarter of its fiscal 2027 period (versus the $78.8 billion consensus), which is up 20% from the previous quarter and up a massive 85% year-over-year.
NVIDIA has now topped Wall Street estimates for 14 consecutive quarters, and in 18 of the past 20 quarters, to put the earnings beat in context. It also returned a record $20 billion to shareholders in the form of shares repurchased and cash dividends as it continues to cash in on unprecedented demand in the data center in the emerging era of agentic AI. Additionally, NVIDIA increased its quarterly cash dividend from $0.01 per share to $0.25 per...
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