NVIDIA Corporation (NVDA) reported first-quarter fiscal 2026 revenues of $39.1 billion from the data center market, a 73% year-over-year increase. The company noted that its latest Blackwell GPU architecture contributes nearly 70% of the compute revenues in this segment, driven primarily by demand from AI factories. Major cloud providers are currently deploying approximately 72,000 Blackwell GPUs weekly.
NVIDIA plans to release its next-generation GB300 chip in the third quarter of 2025, which is expected to deliver a 50% performance boost over the GB200. Meanwhile, competitors Advanced Micro Devices (AMD) and Intel are enhancing their own offerings in the data center AI chip market. AMD’s MI300X GPUs are being tested by hyperscalers, while Intel promotes its Gaudi 3 AI chips as a cost-effective solution for AI training and inference.
NVIDIA’s stock has surged approximately 31.6% in year-to-date performance, against a 10.9% rise in the broader Zacks Computer and Technology sector. The Zacks Consensus Estimate anticipates earnings growth of 42.5% and 32.2% for fiscal 2026 and 2027, respectively.
