Nvidia reports Q1 Data Center revenue of $60.4B, up 77% from last year

Nvidia (NVDA) is transitioning to a new reporting framework that it says “better reflects its current and future growth drivers.” The company stated: “Nvidia will have two market platforms – Data Center and Edge Computing. Within Data Center, NVIDIA will report two sub-markets, Hyperscale and ACIE, which incorporates AI Clouds, Industrial and Enterprise. Hyperscale will include revenue from the public clouds and the world’s largest consumer internet companies, while ACIE addresses NVIDIA’s growth opportunity in diverse AI purpose-built data centers and AI factories across industries and countries. Edge Computing highlights data processing devices for agentic and physical AI including PCs, game consoles, workstations, AI-RAN base stations, robotics and automotive. Under the previous sub-markets, Data Center compute revenue was a record $60.4B, up 77% from a year ago and up 18% sequentially. Data Center networking revenue was a record $14.8B, up 199% from a year ago and up 35% sequentially.”

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