NVIDIA reports huge Q1 earnings due to AI boom despite struggles in China
NVIDIA has reported significant Q1 earnings for the 2027 financial year, driven by the booming demand for AI technology. Despite losing its market share in China, the company achieved $81.6 billion in revenue, marking an 85 percent increase compared to the same period last year. CEO Jensen Huang emphasized the rapid expansion of AI infrastructure as a key factor in their success.
- ▪NVIDIA reported $81.6 billion in revenue during Q1 2027.
- ▪This revenue reflects a 20 percent increase from the previous quarter and an 85 percent increase year-over-year.
- ▪The company has lost its 95 percent market share in China, dropping to zero.
- ▪CEO Jensen Huang highlighted the unprecedented growth of AI factories as a major contributor to their earnings.
- ▪NVIDIA plans to invest $80 billion into its operations.
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| Original publisher | Mashable |
| Canonical URL | https://mashable.com/tech/nvidia-earnings-china-ai-chip-ban |
| Publication time | Thu, 21 May 2026 09:01:55 +0000 |
| Retrieval time | 2026-05-21T09:31:10.460Z |
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Home > Tech NVIDIA reports huge Q1 earnings due to AI boom despite struggles in China CEO Jensen Huang has said the company went from 95 percent market share in China to zero. By Amanda Yeo Amanda Yeo Assistant Editor Amanda Yeo is an Assistant Editor at Mashable, covering entertainment, culture, tech, science, and social good. Based in Australia, she writes about everything from video games and K-pop to movies and gadgets. Read Full Bio on May 21, 2026 Share on Facebook Share on Twitter Share on Flipboard Credit: Samuel Boivin / NurPhoto via Getty Images NVIDIA has released its Q1 earnings for the 2027 financial year, revealing that it's profited handsomely from the current AI boom despite losing its Chinese market share.
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