Q2 guidance of 91 billion, and the market is once again suppressed, rubbing against expectations.

NVIDIA announces first quarter fiscal year 2027 results, with revenue up 85% year-over-year to $81.6 billion, surpassing market expectations; adjusted earnings per share are $1.87, up 140% year-over-year. Among them, data center revenue increased 92% year-over-year to $75.2 billion, and networking revenue increased 199% year-over-year to $14.8 billion. The company expects second-quarter revenue to be approximately $91 billion, with a 2% variance, also exceeding market expectations. On the financial side, quarterly free cash flow reached $48.6 billion, and NVIDIA also stated that AI infrastructure construction continues to accelerate, with Agentic AI beginning to create tangible value in enterprise scenarios.