{"id":250805,"date":"2026-05-20T17:50:00","date_gmt":"2026-05-20T21:50:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/20\/nvidias-revenue-blows-past-wall-street-expectations-as-ai-boom-accelerates-technology\/"},"modified":"2026-05-20T18:00:07","modified_gmt":"2026-05-20T22:00:07","slug":"nvidias-revenue-blows-past-wall-street-expectations-as-ai-boom-accelerates-technology","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/20\/nvidias-revenue-blows-past-wall-street-expectations-as-ai-boom-accelerates-technology\/","title":{"rendered":"Nvidia\u2019s revenue blows past Wall Street expectations as AI boom accelerates | Technology"},"content":{"rendered":"

Nvidia\u2019s revenue blows past Wall Street expectations as AI boom accelerates | Technology<\/a><\/p>\n

https:\/\/www.theguardian.com\/technology\/2026\/may\/20\/nvidia-revenue-ai-boom<\/a><\/p>\n

Publish Date: 2026-05-20 17:50:00<\/a><\/p>\n

Source Domain: www.theguardian.com<\/a><\/p>\n

Nvidia continued its years-long streak of beating Wall Street\u2019s expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of data centers, will continue apace.<\/p>\n

\u201cThe buildout of AI factories \u2013 the largest infrastructure expansion in human history \u2013 is accelerating at extraordinary speed,\u201d said Nvidia\u2019s CEO, Jensen Huang, in a statement. \u201cAgentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries.\u201d<\/p>\n

Many analysts view Nvidia\u2019s financial performance as a broader referendum on the AI buildout. The most valuable company in the world with a $5.4tn market cap, Nvidia reigns supreme in the semiconductor chip market and has cashed in on big tech\u2019s AI aspirations by providing key components, software and infrastructure to fuel that expansion. US tech giants are collectively planning to spend some $750bn this year on AI infrastructure, a significant portion of which will go towards chips for data centers.<\/p>\n

A major portion of Nvidia\u2019s revenue comes from its datacenter business. On Wednesday, the chip maker reported 92% year-over-year growth of this vertical to a record $75.2bn. The company is facing some competition in producing chips from other tech giants, though, like Amazon and Google.<\/p>\n

Still, Nvidia blew past analysts\u2019 expectations of $78.86bn in revenue for the first quarter of 2026, securing $81.62bn for the quarter. The chipmaker also exceeded Wall Street expectations of $1.76 per share and reported earnings of $1.87 per share.<\/p>\n

Huang joined Elon Musk and Donald Trump on Air Force One for a trip to China last week. Huang has expressed some hope that Nvidia will be able to expand into China, although it was unclear whether Chinese officials will agree to use American technology. In December, the Trump administration allowed Nvidia to export H200 AI chips to China and collect a 25% fee on these sales. \u201cThe Chinese government has to…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nvidia\u2019s revenue blows past Wall Street expectations as AI boom accelerates | Technology https:\/\/www.theguardian.com\/technology\/2026\/may\/20\/nvidia-revenue-ai-boom Publish…<\/p>\n","protected":false},"author":1,"featured_media":250806,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/i.guim.co.uk\/img\/media\/ff328a9939e819378c3b4d3f722390becf056079\/779_0_5598_4481\/master\/5598.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=69bb086195c9e2321558fd303ef756c6","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-250805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250805"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=250805"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250805\/revisions"}],"predecessor-version":[{"id":250807,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250805\/revisions\/250807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/250806"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=250805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=250805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=250805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}