Exceed the expectations i Nvidia quarterly resultsvery observed from the market, because they are used as an indicator of the progress of the artificial intelligence market and the sectors connected to it. And nvidia he thrilled not only for the results achieved in recent months, but also the Forecast on the futurewhich presents itself radiant, with a market showing a imbalance in the direction of the scarcity of chips for the AI.
The numbers of the quarter exceed the consensus
Nvidia closed the first quarter of the tax year 2025/2026 with a turnover of 44.1 billion dollars, growing by 12% compared to the previous quarter and 69% compared to the previous year. The data is more than 43.3 billion expected from the market.
- The turnover of the sector Data Centerthe wider slice of the chip demand for the AI, was 39.1 billion dollars, growing by 10% compared to the previous quarter and 73% compared to the previous year.
- The turnover of the sector Gaming It reached the record figure of 3.8 billion dollars, growing by 48% compared to the previous quarter and 42% compared to the previous year.
- The turnover of theAutomotive which stands at 567 million dollars, down by 1% compared to the previous quarter and 72% growth compared to the previous year.
The repercussions of Trump’s policy
Nvidia numbers show that the Trump protectionist commercial policy It has not been able to dissuade international buyers, which are many and diversified, from Europe, to the Middle East, up to Asia. However, the license for exports to the Chinese market established by the new American government had a cost For the Big dell’Ai, quantified in 4.5 billion dollars in the first quarter of the year.
Margins and profits of the quarter
For the quarter, the gross reported and rectified margins were respectively 60.5% and 61.0%. Excluding the burden of 4.5 billion dollars, the rectified gross margin of the first quarter would have been 71.3%.
The profit for Reported and rectified action was 0.76 and 0.81 dollars respectively. Excluding the burden of 4.5 billion dollars and the relative tax impact, the profit for rectified action would have been 0.96 dollars (higher than the expectations of analysts for 93 cents).
The forecasts remain optimistic
“There global question For the Nvidia artificial intelligence infrastructure is incredibly strong“,,
admitted the Founder and CEO Jensen Huangwhich adds
“Countries around the world are recognizing artificial intelligence as an essential infrastructure, just like electricity and the Internet, and Nvidia is at the center of this profound transformation”.
The forecasts of Nvidia For the second quarter of the tax year 2026 indicate a turnover of 45 billion dollars, with a 2%tolerance. This forecast exceeds the expectations of the market, while reflecting a loss of turnover estimated at 8 billion, related to the limitations on exports imposed by the US government.
Flying title at Wall Street
Nvidia actions flew to Wall Street, in the After-hours session (evening), coming to exceed $ 140, With a 4% rise on the official closing price of the day of 134.81 USD. Quotes that brought the capitalization of Nvidia Over 3.3 trillion dollarsallowing you to carry out the overtaking (even if very little) on the always precious Applewhich is worth 3.28 trillion dollars.
