All articles tagged with #data center
Nvidia forecasts about $20 billion in stand-alone server-CPU revenue this year and says its Vera CPU opens a $200 billion TAM for Arm-based server CPUs, signaling a potential shift in the data-center market that could challenge Intel and AMD as hyperscalers move AI workloads to Nvidia-powered architectures.
Nvidia disclosed a $15 billion quarterly networking revenue, an annualized run rate around $60 billion, rivaling Cisco’s total revenue and outpacing Broadcom and Arista in AI networking. The Mellanox acquisition gave Nvidia InfiniBand tech, enabling a full-stack AI data-center offering that combines GPUs, software, and networking, shifting Nvidia from a pure GPU maker to the backbone of AI infrastructure. While the ramp looks powerful, high valuations and potential slowdowns in AI spending pose risks.
Nvidia topped revenue, earnings, and guidance in its fiscal Q1 (revenue $81.6B, up 85% YoY; gross margin 75%; free cash flow $48.6B) and announced an $80B buyback plus a 25‑fold dividend increase to $0.25/ share, yet the stock fell about 2% as investors priced in lofty expectations. Growth remains led by data-center demand (data-center revenue $75.2B; networking $14.8B), with Q2 guidance around $91B in revenue. While the AI infrastructure boom supports a continued uptrend, the post‑earnings dip could persist if optimism remains baked into Nvidia’s valuation—history shows these beats don’t always move shares higher in the near term.
Nvidia posted fiscal Q1 revenue of $81.6B, up 85% year over year, with data center revenue totaling a record $75.2B. The board approved a 25x jump in the quarterly dividend to $0.25 per share (about $1 annualized) and added $80B to the share repurchase program, bringing total buybacks to roughly $120B. Free cash flow was about $48.6B, and management guided Q2 revenue to about $91B, signaling further acceleration, as the AI-driven growth story strengthens despite risks in China and among customers designing their own chips.
Google unveils a $15 billion plan to build data-center infrastructure in Montgomery County, Missouri, creating thousands of construction jobs and hundreds of long-term roles, while funding energy affordability programs and workforce training through local partnerships, plus initiatives on accessibility, water stewardship, and community investment.
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.
Nvidia posted a record quarter with $58.3 billion in profit on $81.6 billion in revenue for the February–April period, as data-center demand for AI chips drove growth (data-center revenue $75.2B, up 92% YoY; hardware $6.4B, up 29%). The company also announced an $80 billion share buyback and raised its quarterly dividend to $0.25 per share, while forecasting about $91 billion in revenue for the current quarter. CEO Jensen Huang called AI demand “parabolic,” though the stock traded lower after hours amid high investor expectations.
NVIDIA posted a first-quarter earnings beat thanks to strong demand for AI accelerator chips used in data centers, signaling continued momentum for the company amid the AI chip boom.
Nvidia beat expectations for its fiscal Q1 2027, reporting $81.6 billion in revenue and $1.87 in adjusted EPS (vs. $79.15B and $1.77). Data-center revenue hit $75.2B, with a gross margin of 74.9% (slightly below estimate). For Q2, Nvidia guided $91.0B in revenue (above estimates). The company also authorized an additional $80B stock buyback and raised its quarterly dividend to $0.25 per share. China sales remained largely absent as Hopper data-center products weren’t shipped there, highlighting ongoing geopolitical and competitive pressures in AI hardware. Nvidia stock traded after hours following the results and commentary from CEO Jensen Huang about China and AI demand.
Nvidia is set to report fiscal Q1 results after the bell, with revenue expectations around $79.15 billion (data center about $73.49 billion) and EPS near $1.78, while guidance points to roughly $87.2 billion in revenue for the next quarter as AI demand remains strong. The stock has risen ~15% this year, and options imply a ~6.5% post-earnings swing, highlighting investor bets on a beat-and-raise scenario amid scrutiny of margins and China exposure as competition in AI chips evolves.
Susquehanna analyst Christopher Rolland lifts NVDA’s target to 275 from 250, arguing Nvidia still has a large AI-driven upside and now models about $1 trillion in Blackwell/Rubin revenue by 2027, driven by Data Center demand and rising hyperscaler CapEx. The stock carries a Strong Buy consensus with roughly 22% one-year upside, but potential headwinds include Rubin rollout margins and China export restrictions as Nvidia heads into its earnings report.
Residents of Fayetteville, Ga., are furious after a Quality Technology Services data center reportedly drained about 29–30 million gallons of water during a drought, due to two industrial hookups that were billed inconsistently and one installed without notice. The county says a smart-meter upgrade caused a billing lapse, and the company has paid retroactive charges, while officials defend the project and residents call for greater accountability and oversight amid ongoing drought restrictions.
Advanced Micro Devices beat expectations in Q1 2026 with revenue of $10.253B (up 38% YoY), GAAP gross profit of $5.416B (up 45%), and data-center revenue of $5.8B (up 57%), while non-GAAP EPS was $1.37 vs. $1.29 expected. Management guided Q2 revenue to about $11.2B. The stock has surged roughly 28% after the earnings call and is up more than 320% in the last year. Top investor Geoffrey Seiler argues the AI-driven shift toward CPUs could sustain upside for AMD, aided by GPU deals with OpenAI and Meta, though the valuation remains rich. Wall Street shows a Strong Buy consensus with a 12-month target of about $442.94, suggesting limited upside room in the near term despite the bullish setup.
Saline Township residents initially rejected a 575-acre, 21-million-square-foot data center proposed by Related Digital, a Steven Roth–backed developer, but were forced to approve it after a lawsuit and potential bypass via the University of Michigan; the project—tied to OpenAI and Oracle under the Stargate AI initiative—highlights how wealthy interests can override local votes in AI infrastructure expansion.
Utah Gov. Spencer Cox says residents’ concerns about the Kevin O’Leary-backed Stratos data center in Box Elder County will be addressed with phased approvals (first cap of 1.5 GW) and state reviews of air quality, water use, and cooling systems, as protesters worry about energy use, noise, and water impacts; O’Leary counters that opposition may come from 'professional protesters' and AI-generated posts, emphasizing sustainability and community rights.