Nvidia Surpasses Expectations with Record-Breaking Fiscal Q1 Results

Nvidia's fiscal Q1 results were a record-breaking $81.6B in revenue, up 85% year-over-year, and net income of $58.3B, more than double last year's numbers.

The company reported a 74.9% gross margin, with its Data Center segment driving 92% year-over-year growth.

Management guided Q2 revenue to $91B, highlighting $20B in new Vera CPU revenue visibility and emphasizing diversification beyond hyperscale customers.