News listLive markets: Nvidia beats Wall Street's expectations
CoinDesk2026-05-20 13:13:49

Live markets: Nvidia beats Wall Street's expectations

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Nvidia beats on first-quarter earnings AI powerhouse Nvidia (NVDA) reported first-quarter earnings on Wednesday, posting revenue of $81.6 billion and adjusted earnings per share of $1.87, beating Wall Street expectations yet again as investors looked for signs that demand for artificial intelligence infrastructure remains strong enough to sustain the chipmaker’s massive rally. Shares were volatile in after-hours trading following the results. They ended the day up about a percent on Wednesday. Beyond the headline numbers, investors focused on four key themes: demand for Nvidia’s next-generation Blackwell chips, future products including Rubin, AI spending from hyperscalers and whether AI demand is expanding beyond model training into inference and enterprise applications. Nvidia CFO Colette Kress said the company’s record data center revenue was “driven by the ramp of our Blackwell 300 products and demand for our InfiniBand, Spectrum-X Ethernet and NVLink solutions,” underscoring how Nvidia’s next-generation AI chips are becoming the company’s main growth engine. Kress added that Blackwell architecture products now account for the majority of Nvidia’s revenue as the company secures additional inventory and supply commitments “to meet demand beyond the next several quarters.”
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ID:9b57a9aefe
Source:CoinDesk
Published:2026-05-20 13:13:49
Category:General · Export Category neutral
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