NVIDIA Corporation reported that its Data Center revenue surged to $39.1 billion in Q1 of fiscal 2026, marking a 73.3% year-over-year increase and a 9.9% sequential rise. This growth is attributed to strong adoption of the Blackwell platform and ongoing orders from major hyperscalers such as Microsoft, Google, and Amazon.
The Zacks Consensus Estimate for NVIDIA’s fiscal 2026 Data Center revenues is projected at $177.42 billion, suggesting a robust year-over-year growth of 54%. The company is poised for further growth as demand for AI infrastructure continues to rise globally.
NVIDIA’s stock has increased by approximately 30.3% year-to-date, outperforming the Zacks Computer and Technology sector’s gain of 10.7%. It currently holds a forward price-to-earnings ratio of 34.78, compared to the sector average of 27.24.
