Nvidia's Q1 Revenue Hits Record High, Driven by AI Boom
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American AI chip giant Nvidia announced its latest financial results in San Francisco. Benefiting from a surge in AI hardware demand, its Q1 revenue for the fiscal year 2027 ending April 26 reached a record $81.6 billion. This represents an 85% year-over-year and 20% quarter-over-quarter increase, surpassing Wall Street expectations and highlighting its leading position in the global AI infrastructure wave.