Industry
Nvidia posts $81.6 billion in first-quarter revenue as data centre growth drives results
Nvidia posted first-quarter revenue of $81.62 billion, extending its streak of record quarterly sales to 12. The figure rose 20 percent from the previous quarter and 85 percent from a year earlier, and beat an LSEG-compiled consensus estimate of $78.85 billion. Data centre revenue rose 92 percent to $75.2 billion, accounting for 92 percent of total sales. Adjusted EPS came in at $1.87. The company forecast $91 billion in second-quarter revenue, excluding China data centre sales.