Overview

• Nvidia posted $44.1 billion in Q1 FY26 revenue, beating analyst expectations with a 69% year-over-year gain.
• Data center sales reached $39.1 billion, fueling the bulk of growth as enterprises expand AI computing deployments.
• Gaming revenue climbed to a record $3.8 billion, up 42% year-over-year on strong Blackwell GPU uptake.
• US export restrictions led to a $4.5 billion write-down in Q1 and are projected to cut $8 billion from Q2 revenue by barring high-end chip shipments to China.
• CEO Jensen Huang cautioned that curbs are accelerating Chinese competitors such as DeepSeek to pursue their own AI chip development.