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NVIDIA Corp. surged 4.9% to $141.40 after the advanced chipmaker reported strong first-quarter 2026 results.

Revenue jumped to $44.06 billion from $26.04 billion, net income edged up to $18.77 billion from $14.88 billion, and diluted earnings per share rose to 76 cents from 60 cents a year ago.

Data center revenue was $39.1 billion, an increase of 73% from the prior year.

The company was unable to ship an additional $2.5 billion of its H20 product revenue in the first quarter due to a special license requirement by the U.S. government to enter the China market.

NVIDIA will pay its next quarterly cash dividend of 1 cent per share on July 3 to shareholders on record on June 11.

The chip maker guided second-quarter revenue to be $45.0 billion, plus or minus 2%, compared to $30.0 billion a year ago.

The outlook reflects a loss in H20 revenue of approximately $8.0 billion due to the recent export control limitations.

In other segment information, the company’s gaming and AI PC division marked a 42% sales increase, professional visualization was up 19%, and automotive and robotics was up 72% from a year earlier.

29 May, 2025

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