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Global demand for NVIDIA’s AI infrastructure is incredibly strong.
Jensen Huang
founder and CEO of NVIDIA
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Our breakthrough Blackwell NVL72 AI supercomputer—a ‘thinking machine’ designed for reasoning—is now in full-scale production across system makers and cloud service providers.
Jensen Huang
founder and CEO of NVIDIA
The export curbs have effectively shut Nvidia out of the Chinese AI data center market.
Jensen Huang
founder and CEO of NVIDIA
1
Key Facts
- Nvidia reported record Q1 revenue of $44.06 billion, a 69% year-over-year increase, surpassing analyst estimates of $43.31 billion.
2 - Data center segment revenue soared 73% year-on-year to $39.1 billion, representing over 88% of Nvidia’s total sales in Q1.
- Nvidia absorbed a $4.5 billion charge in Q1 due to US export restrictions on its H20 AI chips to China, which was less than the company had anticipated previously.1
- Nvidia was unable to ship an additional $2.5 billion worth of H20 products during Q1 due to export curbs.
- Nvidia expects to take an $8 billion revenue hit in Q2 due to continued US export restrictions on H20 AI chips to China.2
Key Stats at a Glance
Nvidia Q1 revenue
$44.06 billion
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Nvidia Q1 revenue year-over-year increase
69%
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Nvidia data center segment revenue
$39.1 billion
Nvidia data center revenue year-over-year increase
73%
Data center segment share of total sales
88%
Charge absorbed by Nvidia due to export restrictions in Q1
$4.5 billion
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Value of H20 products not shipped in Q1
$2.5 billion
Expected Q2 revenue loss due to export restrictions
$8 billion
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