Nvidia Nearly Doubles Data Center Revenue Again

Nvidia crushed first-quarter earnings expectations, reporting adjusted earnings of $1.87 per share against a $1.76 forecast, with revenue jumping 85% to $81.62 billion. Data center sales surged 92% to $75.2 billion, now accounting for over 90% of total revenue. The company forecast $91 billion in second-quarter revenue, topping Wall Street estimates. CEO Jensen Huang highlighted accelerating demand for AI infrastructure and strong early interest in the next-generation Vera Rubin system. CFO Colette Kress revealed Nvidia also aims to become a leading CPU supplier, anticipating $20 billion in CPU sales this year as the company expands beyond its GPU dominance.