Nvidia Q1 Revenue Hits $81.6B, Lifting Bitcoin Miners Tied to AI Data Centers

According to CoinDesk, Nvidia reported first-quarter revenue of $81.62 billion, up 85% year-over-year and above Wall Street's $78.9 billion estimate, with adjusted earnings of $1.87 per share beating expectations of $1.76. The chipmaker forecast $91 billion in current-quarter revenue and authorized an additional $80 billion in stock buybacks while raising its dividend to 25 cents from 1 cent. Data Center revenue hit $75 billion, with hyperscalers contributing $38 billion—up 12% sequentially—and AI cloud revenue more than tripling from a year earlier. Bitcoin miners with AI infrastructure exposure, including Core Scientific and Cipher Mining, traded modestly higher in after-hours trading as Nvidia's results reinforced demand for data center capacity tied to high-performance computing.