Nvidia (NASDAQ: NVDA) reported a 69% year-over-year revenue growth for Q1 FY 2026, totaling $44 billion, despite challenges like a U.S. government ban on H20 chip sales to China. Revenue growth is projected at 50% moving forward.
Nvidia is set to expand its operations in Europe with the construction of multiple AI data centers, which could enhance its growth potential significantly. The worldwide data center construction market is expected to increase from $400 billion in 2024 to $1 trillion by 2028, with Nvidia aiming to maintain its market share in this sector.
The company’s forward price-to-earnings ratio is gradually increasing, similar to trends observed in 2024, which may result in substantial returns for investors if growth continues.
