Nvidia has reported impressive earnings, surpassing expectations and projecting a Q1 FY2027 revenue midpoint of $78 billion, significantly above the $72.78 billion forecast by analysts. The company's Q4 revenue reached $68.13 billion, driven by a record $62.3 billion from its data center segment, which now accounts for 91% of total revenue.
The surge in data center revenue highlights the accelerating demand for AI infrastructure, with major investments from tech giants like Microsoft, Amazon, Google, and Meta. Nvidia's networking revenue also saw a remarkable 263% year-on-year increase to $11 billion. Despite supply constraints affecting its gaming segment, Nvidia's robust gross margins of 75.2% and substantial inventory commitments underscore its pivotal role in the ongoing AI transformation.
Nvidia Surpasses Earnings Expectations, Projects $78 Billion Revenue for Q1 FY2027
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