Nvidia data center revenue surges 92% to $75.2 billion in fiscal Q1 2027

Nvidia’s fiscal Q1 2027 data center revenue rose 92% year over year to $75.2 billion and 21% sequentially, while total revenue increased 85% to $81.6 billion, or approximately $82 billion. Blackwell accelerators and networking products drove demand, with hyperscale customers contributing $37.9 billion and AI, cloud and enterprise infrastructure, or ACIE, generating $37.4 billion. Nvidia shipped zero Data Center Hopper products to China during the quarter because of U.S. export restrictions, compared with $4.6 billion in China-bound Hopper revenue a year earlier. The company forecast $91 billion in next-quarter revenue. Shares traded at $215.17, while a 24/7 Wall St. price target of $270.26 implied 25.27% upside over the next year. Micron Technology also posted exceptional fiscal Q3 earnings as markets focused on rising 10-year Treasury yields, although no Micron revenue figure was provided.

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