Nvidia’s (NVDA) outlook for Q2 includes revenue expected to be $91.0B, plus or minus 2%. “Nvidia is not assuming any Data Center compute revenue from China in its outlook,” the company stated. GAAP and non-GAAP gross margins are expected to be 74.9% and 75.0%, respectively, plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $8.5 billion and $8.3 billion, respectively. For the full year fiscal 2027, NVIDIA expects GAAP and non-GAAP tax rates to be between 16.0% and 18.0%, excluding any discrete items and material changes to NVIDIA’s tax environment.
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