# N Nvidia posted record revenue of $81.62 billion during the first quarter, a surge of 85% from $44.01 billion, year-on-year.

*semiconductor · news · 2026-05-21 · Livemint*

## Key points

- Nvidia's net profit surged to $58.3 billion in Q1 fiscal 2027, tripling year-over-year.
- Nvidia posted record data center revenue of $75.2 billion, a 92% year-over-year increase.
- Nvidia expects no data center revenue from China in future quarters due to geopolitical issues.
- Nvidia authorized an $80 billion share buyback and raised its quarterly dividend to 25 cents per share.

**Companies:** Nvidia
**Countries:** United States, China

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