Nvidia (NASDAQ: NVDA) reported a remarkable revenue of $44.1 billion for the first quarter of fiscal 2026, ended April 27, marking a 69% year-over-year growth. This revenue exceeds the combined earnings of Starbucks and Netflix in a quarter, with $39.1 billion derived from the data center segment, a 73% increase year-over-year.
The company’s market capitalization has surged to $3.5 trillion, propelled by strong demand for AI infrastructure from enterprises and governments. Analysts estimate Nvidia’s 12-month price target at approximately $176, with a potential upside of 73% by 2028 if economic conditions and revenue projections hold.
However, Nvidia faces risks, including estimated losses of $8 billion in H20 chip revenue due to U.S. export restrictions to China and increasing competition from companies like Advanced Micro Devices, Alphabet, and Amazon developing custom chips.
