Nvidia reports $81.62 billion in quarterly revenue, exceeding analyst expectations, as datacenter business grows 92% year-over-year to $75.2 billion

Nvidia's Q1 2026 revenue reached $81.62 billion, surpassing Wall Street expectations of $78.86 billion. Earnings per share came in at $1.87, exceeding the expected $1.76.

The datacenter business—which supplies chips and infrastructure for AI—achieved 92% year-over-year growth and generated a record $75.2 billion. CEO Jensen Huang stated that the AI buildout represents 'the largest infrastructure expansion in human history' and that 'agentic AI' (AI systems that perform productive work independently) is now scaling across industries.

Nvidia holds a dominant position in the semiconductor chip market as the most valuable company in the world with a $5.4 trillion market cap. US tech giants are collectively planning to spend some $750 billion this year on AI infrastructure, a significant portion directed toward data center chips.

The company is launching a research hub in Singapore focused on AI infrastructure efficiency, and expects to roll out the Vera Rubin platform—described as a 'generational leap'—in the second half of 2026. Regarding China expansion, Nvidia does not currently expect data center compute revenue from that market.