Nvidia Wins Buy Rating After $81.6 Billion Q1, Guides to $91 Billion Q2
Updated
Updated · Seeking Alpha · Aug 14
Nvidia Wins Buy Rating After $81.6 Billion Q1, Guides to $91 Billion Q2
3 articles · Updated · Seeking Alpha · Aug 14
Summary
$81.6 billion in fiscal Q1 revenue and $58.3 billion in net income helped earn Nvidia a Buy rating, with the analyst citing both record results and valuation upside.
Q2 guidance of $91 billion and $20 billion in new Vera CPU revenue visibility underpinned the bullish view, alongside management's push to diversify beyond hyperscale customers.
Data Center remained the main engine, with revenue up 92% to $75 billion and accounting for the vast majority of quarterly growth as AI infrastructure spending accelerated.
$73.6 billion in strategic investments remains a key risk because interest-rate moves could trigger large non-cash mark-to-market swings in reported earnings.