Overview

• Nvidia reached a $4.3 trillion market cap on Monday, widening its gap with Microsoft by $500 billion as shares closed at $176.75.
• The data center division generated $39.1 billion in Q1 fiscal 2026 revenue—89% of total sales—and consistently delivers around a 40% operating margin.
• The U.S. government has assured Nvidia that its export license to resume H2O AI chip sales to China will be approved, potentially restoring an estimated $8 billion in deferred quarterly revenue.
• Rothschild & Co Redburn analyst Timm Schulze-Melander raised his price target to $192 and consensus forecasts call for Nvidia’s revenue to grow at a 31.5% CAGR through fiscal 2028.
• A UN Trade and Development report projects the global AI market will expand from $189 billion in 2023 to $4.8 trillion by 2033, supporting long-term GPU demand.