
Nvidia posts record $81.6B quarter, unveils Vera CPU

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Nvidia reported a record $81.6 billion in fiscal Q1 revenue, an 85% increase year-over-year, surpassing analyst expectations due to strong data center demand. CEO Jensen Huang launched the Vera CPU, targeting a $200 billion market and projected to contribute $20 billion in revenue this year. However, shares declined as investors considered rising competition, supply constraints, and uncertainties in the China market.

