From Nasdaq: 2025-05-29 15:44:00

Nvidia NVDA stock has surged 6% after reporting mixed Q1 results, becoming the market’s most valuable company. Q1 sales of $44.06 billion exceeded estimates and Data Center revenue rose 73%. However, EPS of $0.81 missed expectations. Export controls on its H20 data center GPU led to a $4.5 billion charge. Nvidia expects Q2 sales of $45 billion, including an $8 billion loss in H20 revenue. Analysts project sales to increase 49% in FY26 and 24% in FY27. Despite recent gains, Nvidia stock holds a Zacks Rank #3 (Hold) with potential buying opportunities ahead due to export headwinds in China. CEO Jensen Huang emphasizes the importance of China in Nvidia’s global success, despite challenges from U.S. export controls.

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Read more at Nasdaq: Chase the Surge in Nvidia Stock After Q1 Earnings?