{"id":1008938,"date":"2026-05-21T10:47:09","date_gmt":"2026-05-21T05:17:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1008938"},"modified":"2026-05-21T10:47:09","modified_gmt":"2026-05-21T05:17:09","slug":"nvidia-q1-earnings-profit-jumps-to-58-3-billion-on-record-revenue-amid-ai-boom-announces-80-billion-share-buyback","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/21\/nvidia-q1-earnings-profit-jumps-to-58-3-billion-on-record-revenue-amid-ai-boom-announces-80-billion-share-buyback\/","title":{"rendered":"Nvidia Q1 Earnings: Profit jumps to $58.3 billion on record revenue amid AI boom; announces $80 billion share buyback"},"content":{"rendered":"<p>Nvidia, the world\u2019s most valuable company, on Wednesday reported strong quarterly earnings, blowing past Wall Street forecasts, boosted by robust demand for its high-end artificial intelligence (AI) chips.<\/p>\n<p>The company\u2019s net profit jumped to $58.3 billion, or $2.39 per share, during the first quarter of fiscal 2027, ending April 26, more than tripling from $18.8 billion in the year-earlier period. Excluding one-time items, Nvidia earned $1.76 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia, the world\u2019s most valuable company, on Wednesday reported strong quarterly earnings, blowing past Wall Street forecasts, boosted by robust demand for its high-end artificial intelligence (AI) chips. The company\u2019s net profit jumped to $58.3 billion, or $2.39 per share, during the first quarter of fiscal 2027, ending April 26, more than tripling from $18.8 billion in the year-earlier period. Excluding one-time items, Nvidia earned $1.76 per share.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1008938","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1008938"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008938\/revisions"}],"predecessor-version":[{"id":1008939,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008938\/revisions\/1008939"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1008938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1008938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1008938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}