NVIDIA says strong Q1 earnings despite the new Chinese export control in AI chips

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Technical giant Nvidia On Wednesday, he defeated the expectations of the analysts in the first quarter, although he exported Chinese chips to China, which draws a portion for sale in the second quarter.

Nvidia, a leader Artificial Intelligence (AI) Space saw a 3% increase of shares in the aftermath of the day after the day. Earnings report in the first quarter, 26% of net income from the year, 26 billion dollars, 26 billion dollars, increased by 69% last year.

Revenues from the company’s information centers in the first quarter – $ 39 billion – 10% from the previous quarter and 73% last year. Nvidia also works to produce factories in the United States and produce AI supercomputers in the United States with their partners.

“Our progress Blackwell NVL72 AI supercomputer is now a ‘thinking machine’ – is now in full-scale production between system manufacturers and cloud service providers,” said Nvidia CEO Jensen Huang.

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Nvidia ceo jensen huang catches chip

Nvidia CEO Jensen Huang said the company was in a “deep transformation” center managed by AI. (Kio Kut / Bloomberg Getty Imagesges / through Gettty Images)

“The global demand against the NVIDIA’s AI infrastructure is incredibly strong. AI Inference Token generation has increased ten times in just a year and as AI agents The main stream will accelerate the requirement of AI computing, “he said.

“The world’s countries recognize the AI ​​as a major infrastructure – and Nvidia stands in the center of this deep transformation,” Huang said.

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NVIDIA profit release was reported that the company will require a license to export by the US government on April 9 H20 products to Chinathat lead to a charge of a charges for several billion dollars in the quarter of the company.

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The United States has become increasingly rigid in recent years Export departments The most developed AI plugs, in China, as a tool to deny a geopolitical side of advanced technology in the economy’s competitive sector.

Nvidia headquarters

Nvidia is a headquarter in Santa Clara, California. (Photographer: Loren Elliott / Bloomberg Getty Imager / Getty Images)

“As a result of these new requirements, NVIDIA made $ 4.5 billion in the first quarter of 2026, the H20 reduction in the H20 reduction of the H20.”

Sales of H20 products are $ 4.6 billion for the first quarter of 2026, before the new export licensing requirements.

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NVIDIA waited to miss $ 8 billion in the second quarter due to export restrictions.

Reuters contributed to this report.

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