Nvidia’s earnings beat fuels buyback surge and a new reporting structure

Nvidia beat estimates with Q1 2027 revenue of $81.62B and adjusted EPS of $1.87 (GAAP $2.39), guided Q2 revenue to about $91B, and announced an $80B share buyback along with a shift to two market platforms (Data Center and Edge Computing). Data Center revenue rose 92% year over year to a record $75.25B, but China-related export restrictions remain a risk as there were no Data Center shipments to China this quarter. Analysts say Nvidia’s valuation stands out in the AI boom, though the stock traded slightly lower in premarket trading.