Overview

• Nvidia’s Q1 revenue jumped 69% year-over-year to $44.1 billion, surpassing Wall Street estimates
• Data center sales climbed 73% to $39.1 billion as Blackwell chip deployments accelerated global AI infrastructure growth
• US export controls on H20 chips to China will shave about $8 billion from Q2 revenue, prompting Jensen Huang to warn of lost ground to domestic rivals
• Shares rallied over 5%, boosting Nvidia’s market capitalization to roughly $3.48 trillion and overtaking Microsoft as the world’s most valuable company
• Nvidia is exploring development of AI chips tailored for a $50 billion Chinese market closed off by current export restrictions