**Nvidia Reports First Quarter Earnings for Fiscal 2027**
Nvidia (NASDAQ: NVDA) released its fiscal 2027 first-quarter earnings, showcasing a substantial 85% year-over-year revenue growth. The company reported a record gross profit margin of approximately 75% and generated $48.5 billion in free cash flow during the first quarter. CEO Jensen Huang highlighted plans for Nvidia’s Blackwell and Rubin GPU chips, targeting $1 trillion in sales by 2027.
Nvidia’s current market capitalization exceeds $5 trillion, with projected revenue growth of about 95% for the upcoming quarter. The company has also increased its quarterly dividend from $0.01 to $0.25 per share and initiated an $80 billion share repurchase plan, totaling over $100 billion dedicated to returning capital to shareholders.
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