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On May 29, 2025, Nvidia's trading volume reached $517.89 billion, making it the highest in the day's market. Nvidia's stock price increased by 3.25%.
Nvidia reported strong financial results for the first quarter of fiscal 2026, with adjusted earnings of $0.96 per share. The company's revenue hit a record high of $44.1 billion, marking a 69% increase year-over-year. However,
absorbed a $4.5 billion charge due to restrictions on the sale of its H20 chips to China.Nvidia's data center revenue surged by 73% year-over-year, reaching $39.1 billion. This segment remains a key driver of the company's growth, despite facing challenges in the Chinese market. The company's CEO highlighted the incredibly strong demand for its products, particularly in the AI sector.
Looking ahead, Nvidia expects revenue to be around $45.0 billion for the fiscal year, with gross margins remaining robust. The company's strong performance in the data center segment and its leadership in AI technologies are expected to continue driving growth.
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