From Financial Modeling Prep: 2025-05-29 06:36:00

Nvidia reported strong Q1 earnings, beating estimates with an adjusted EPS of $0.96 on $44.06 billion in revenue. However, U.S. export controls on H20 chips to China will impact Q2 sales by $8 billion, leading to a guidance of $45 billion ± 2%.

Q1 highlights include Data Center Revenue of $39.1 billion, up 73% YoY, and Gaming Revenue up 42% YoY. CEO Jensen Huang highlighted the potential for further AI infrastructure growth globally.

Investors are looking beyond Q2 guidance to focus on the Blackwell GB200 deployment, alternate China GPU revenues, and margin recovery path towards mid-70% gross margins.

Nvidia’s Q2 earnings release is scheduled for Wednesday after market close. Wall Street analysts remain optimistic about Nvidia’s long-term prospects, with a consensus price target of $675.

With strong Q1 performance and AI demand, Nvidia’s upcoming earnings call will be crucial in navigating export restrictions and advancing next-generation systems.



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