Nvidia posts record $44 billion revenue, H20 export ban bites as gaming rises

Date: 2025-05-29 03:44:47

Nvidia reported a record-breaking Q1 FY2026 with $44.1 billion in revenue driven by strong AI and gaming demand, but its margins were significantly impacted by a $4.5 billion charge related to U.S. export restrictions on H20 GPUs.