NVIDIA has announced a record quarterly profit and revenue, as explosive demand for advanced AI chips grow. The US tech giant said their profit soared to $58.3 billion for February-April period, up 37% from previous quarter and more than 200% year-on-year marking unprecedented growth.
Revenue jumped to $81.6 billion, up 20% from prior quarter and 85%, compared with same period in 2025. Evidently, NVIDIA forecasts its revenue for current quarter to hit $91 billion, more than most analysts’ estimates of $87.29 billion according to FactSet poll. The results for first quarter of fiscal 2027 ending April 26 blew past Wall Street forecasts.
“The buildout of AI factories — the largest infrastructure expansion in human history — is accelerating at extraordinary speed,” said Jensen Huang, founder and CEO of NVIDIA. “Agentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries. NVIDIA is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced — from hyperscale data centers to the edge.”
NVIDIA’s data center business comes out to be the main driver of growth. The quarterly revenue has surged 92% year-on-year to $75.2 billion because of the said centers. Data center segment sells processors powering AI systems at tech giants and technology companies worldwide serving as engine behind quarter’s performance.
The company earned $2.39 per share during quarter compared to 76 cents per share in same period year earlier. Excluding one-time items, NVIDIA earned $1.76 per share beating analyst expectations of $1.75 per share. However, operating expenses increased 49% to $7.75 billion reflecting heavy investment in expanding production capacity.
As NVIDIA puts it the track of their business model for the immediate future:
NVIDIA is transitioning to a new reporting framework that better reflects its current and future growth drivers. NVIDIA will have two market platforms — Data Center and Edge Computing. Within Data Center, NVIDIA will report two sub-markets, Hyperscale and ACIE, which incorporates AI Clouds, Industrial and Enterprise. Hyperscale will include revenue from the public clouds and the world’s largest consumer internet companies, while ACIE addresses NVIDIA’s growth opportunity in diverse AI purpose-built data centers and AI factories across industries and countries. Edge Computing highlights data processing devices for agentic and physical AI including PCs, game consoles, workstations, AI-RAN base stations, robotics and automotive.
NVIDIA remains world’s most valuable company by market capitalization with $5.4 trillion market cap having cornered semiconductor chip market. The company provides key components, software and infrastructure to large global companies including Amazon, Microsoft and Alphabet.
Wall Street predictions put the company’s revenue to account for more than third of entire semiconductor sector’s sales this year.
